1602 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $399,709 and $450,523, with a best estimate of $422,578. That places the property below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$422,578
$516,169
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $399,709 and $450,523. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$164,577 for 641 sqft less living space and -$33,899 for being older. Net adjustment: -$198,476.
Adjusted -$149,686 for 583 sqft less living space and -$26,366 for being older. Net adjustment: -$176,052.
Adjusted -$125,038 for 487 sqft less living space. Net adjustment: -$125,038.
Adjusted +$14,121 for 55 sqft more living space and -$7,533 for being older. Net adjustment: +$6,588.
Adjusted -$25,932 for 101 sqft less living space. Net adjustment: -$25,932.
The Neighborhood
This home is valued 10.8% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is -10.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,226 across all districts. With a homestead exemption claimed, that drops to $8,590 — saving $1,636 per year. That's $716 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,610 |
| Williamson County | County | 0.3694% | $1,907 |
| Cedar Park | City | 0.3600% | $1,858 |
| Austin Community College | special | 0.1034% | $534 |
| Williamson County FM/Rd | County | 0.0443% | $229 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,226 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,578 would pay approximately $2,638 per month (principal and interest only, excluding taxes and insurance).