1506 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $723,400 and $757,805, with a best estimate of $736,349. That places the property above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$736,349
$638,299
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 $723,400 and $757,805. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$236,981 for 923 sqft more living space and +$37,665 for being newer. Net adjustment: +$274,646.
Adjusted +$222,860 for 868 sqft more living space and +$30,132 for being newer. Net adjustment: +$252,992.
Adjusted +$254,183 for 990 sqft more living space and +$41,432 for being newer. Net adjustment: +$295,615.
Adjusted +$167,658 for 653 sqft more living space and +$37,665 for being newer. Net adjustment: +$205,323.
Adjusted +$192,820 for 751 sqft more living space and +$37,665 for being newer. Net adjustment: +$230,485.
The Neighborhood
This home is valued 10.3% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is +10.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,645 across all districts. With a homestead exemption claimed, that drops to $10,983 — saving $1,662 per year. That's $915 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% | $6,938 |
| Williamson County | County | 0.3694% | $2,358 |
| Cedar Park | City | 0.3600% | $2,298 |
| Austin Community College | special | 0.1034% | $660 |
| Williamson County FM/Rd | County | 0.0443% | $283 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,645 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $736,349 would pay approximately $4,596 per month (principal and interest only, excluding taxes and insurance).