705 FOREST TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $229,144 and $492,460, with a best estimate of $383,234. 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
$383,234
$353,805
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 $229,144 and $492,460. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$41,276 for 151 sqft more living space and -$18,077 for being older. Net adjustment: +$23,199.
Adjusted +$63,417 for 232 sqft more living space and -$81,349 for being older. Net adjustment: -$17,932.
Adjusted +$56,584 for 207 sqft more living space and -$18,077 for being older. Net adjustment: +$38,507.
Adjusted -$126,835 for 464 sqft less living space and -$63,271 for being older. Net adjustment: -$190,106.
Adjusted +$63,144 for 231 sqft more living space and -$81,349 for being older. Net adjustment: -$18,205.
The Neighborhood
This home is valued 8.3% 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 -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,009 across all districts. With a homestead exemption claimed, that drops to $5,404 — saving $1,605 per year. That's $450 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% | $3,846 |
| Williamson County | County | 0.3694% | $1,307 |
| Cedar Park | City | 0.3600% | $1,274 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,009 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $383,234 would pay approximately $2,392 per month (principal and interest only, excluding taxes and insurance).