1602 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $483,775 and $858,548, with a best estimate of $807,806. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$807,806
$505,565
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $483,775 and $858,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$290,845 for 1,064 sqft more living space and +$9,039 for being newer. Net adjustment: +$299,884.
Adjusted +$302,326 for 1,106 sqft more living space. Net adjustment: +$302,326.
Adjusted -$40,456 for 148 sqft less living space. Net adjustment: -$40,456.
Adjusted +$176,038 for 644 sqft more living space and +$9,039 for being newer. Net adjustment: +$185,077.
Adjusted +$82,005 for 300 sqft more living space. Net adjustment: +$82,005.
The Neighborhood
This home is valued 31.0% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +31.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,016 across all districts. With a homestead exemption claimed, that drops to $8,382 — saving $1,634 per year. That's $699 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% | $5,495 |
| Williamson County | County | 0.3694% | $1,868 |
| Cedar Park | City | 0.3600% | $1,820 |
| Austin Community College | special | 0.1034% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,016 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $807,806 would pay approximately $5,042 per month (principal and interest only, excluding taxes and insurance).