1008 RED BUD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $388,606 and $861,436, with a best estimate of $542,790. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$542,790
$499,888
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $388,606 and $861,436. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$186,192 for 659 sqft more living space and +$7,351 for being newer. Net adjustment: +$193,543.
Adjusted -$33,622 for 119 sqft less living space and +$62,483 for being newer. Net adjustment: +$28,861.
Adjusted -$10,736 for 38 sqft less living space and +$56,970 for being newer. Net adjustment: +$46,234.
Adjusted -$73,742 for 261 sqft less living space and +$23,891 for being newer. Net adjustment: -$49,851.
Adjusted +$165,850 for 587 sqft more living space and +$18,377 for being newer. Net adjustment: +$184,227.
The Neighborhood
This home is in line with the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,903 across all districts. With a homestead exemption claimed, that drops to $8,271 — saving $1,632 per year. That's $689 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% | $5,433 |
| Williamson County | County | 0.3694% | $1,847 |
| Cedar Park | City | 0.3600% | $1,800 |
| Austin Community College | special | 0.1034% | $517 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,903 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $542,790 would pay approximately $3,388 per month (principal and interest only, excluding taxes and insurance).