613 PENNY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $191,527 and $207,202, with a best estimate of $197,466. 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
$197,466
$347,535
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 $191,527 and $207,202. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$118,908 for 435 sqft less living space. Net adjustment: -$118,908.
Adjusted -$118,908 for 435 sqft less living space. Net adjustment: -$118,908.
Adjusted -$127,928 for 468 sqft less living space. Net adjustment: -$127,928.
Adjusted -$121,094 for 443 sqft less living space. Net adjustment: -$121,094.
Adjusted -$123,008 for 450 sqft less living space. Net adjustment: -$123,008.
The Neighborhood
This home is valued 10.0% 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
typicalThis home is -10.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,885 across all districts. With a homestead exemption claimed, that drops to $5,281 — saving $1,604 per year. That's $440 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% | $3,777 |
| Williamson County | County | 0.3694% | $1,284 |
| Cedar Park | City | 0.3600% | $1,251 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,885 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $197,466 would pay approximately $1,233 per month (principal and interest only, excluding taxes and insurance).