611 PENNY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $310,434 and $326,110, with a best estimate of $316,374. 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
$316,374
$326,090
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 $310,434 and $326,110. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
Adjusted -$9,021 for 33 sqft less living space. Net adjustment: -$9,021.
Adjusted -$2,187 for 8 sqft less living space. Net adjustment: -$2,187.
Adjusted -$4,100 for 15 sqft less living space. Net adjustment: -$4,100.
The Neighborhood
This home is valued 15.5% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,460 across all districts. With a homestead exemption claimed, that drops to $4,860 — saving $1,600 per year. That's $405 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% | $3,544 |
| Williamson County | County | 0.3694% | $1,205 |
| Cedar Park | City | 0.3600% | $1,174 |
| Austin Community College | special | 0.1034% | $337 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,460 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,374 would pay approximately $1,975 per month (principal and interest only, excluding taxes and insurance).