505 ELM CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $194,021 and $414,513, with a best estimate of $368,306. 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
$368,306
$343,930
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L318589F - Buttercup Creek. The estimated range of $194,021 and $414,513 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$24,055 for 88 sqft less living space and -$54,232 for being older. Net adjustment: -$78,287.
Adjusted -$14,214 for 52 sqft less living space and -$36,155 for being older. Net adjustment: -$50,369.
Adjusted +$18,315 for 67 sqft more living space and -$81,349 for being older. Net adjustment: -$63,034.
Adjusted -$6,014 for 22 sqft less living space and -$135,581 for being older. Net adjustment: -$141,595.
Adjusted -$3,280 for 12 sqft less living space and -$72,310 for being older. Net adjustment: -$75,590.
The Neighborhood
This home is valued 10.9% 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 -10.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,814 across all districts. With a homestead exemption claimed, that drops to $5,210 — saving $1,604 per year. That's $434 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% | $3,738 |
| Williamson County | County | 0.3694% | $1,271 |
| Cedar Park | City | 0.3600% | $1,238 |
| Austin Community College | special | 0.1034% | $356 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,814 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $368,306 would pay approximately $2,299 per month (principal and interest only, excluding taxes and insurance).