1229 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $355,399 and $709,632, with a best estimate of $382,455. 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
$382,455
$493,418
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 $355,399 and $709,632. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$29,249 for 107 sqft less living space and -$9,039 for being older. Net adjustment: -$38,288.
Adjusted +$172,211 for 630 sqft more living space and -$27,116 for being older. Net adjustment: +$145,095.
Adjusted +$1,093 for 4 sqft more living space and -$27,116 for being older. Net adjustment: -$26,023.
Adjusted -$49,203 for 180 sqft less living space. Net adjustment: -$49,203.
Adjusted -$97,586 for 357 sqft less living space and -$18,077 for being older. Net adjustment: -$115,663.
The Neighborhood
This home is valued 27.8% 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 +27.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,775 across all districts. With a homestead exemption claimed, that drops to $8,144 — saving $1,631 per year. That's $679 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% | $5,363 |
| Williamson County | County | 0.3694% | $1,823 |
| Cedar Park | City | 0.3600% | $1,776 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,775 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $382,455 would pay approximately $2,387 per month (principal and interest only, excluding taxes and insurance).