1234 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $195,216 and $573,398, with a best estimate of $242,072. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$242,072
$553,184
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 $195,216 and $573,398. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$227,155 for 831 sqft less living space and +$9,039 for being newer. Net adjustment: -$218,116.
Adjusted -$25,695 for 94 sqft less living space and -$9,039 for being older. Net adjustment: -$34,734.
Adjusted -$247,109 for 904 sqft less living space and +$18,077 for being newer. Net adjustment: -$229,032.
Adjusted -$44,556 for 163 sqft less living space and +$9,039 for being newer. Net adjustment: -$35,517.
Adjusted -$186,699 for 683 sqft less living space and +$18,077 for being newer. Net adjustment: -$168,622.
The Neighborhood
This home is valued 43.3% 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 +43.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,959 across all districts. With a homestead exemption claimed, that drops to $9,315 — saving $1,644 per year. That's $776 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% | $6,013 |
| Williamson County | County | 0.3694% | $2,044 |
| Cedar Park | City | 0.3600% | $1,991 |
| Austin Community College | special | 0.1034% | $572 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,959 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,072 would pay approximately $1,511 per month (principal and interest only, excluding taxes and insurance).