1207 RED BUD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $306,345 and $637,790, with a best estimate of $399,024. That places the property below 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
$399,024
$667,893
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $306,345 and $637,790 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$186,192 for 659 sqft less living space and -$7,351 for being older. Net adjustment: -$193,543.
Adjusted -$20,343 for 72 sqft less living space and +$11,026 for being newer. Net adjustment: -$9,317.
Adjusted -$5,086 for 18 sqft less living space and +$16,540 for being newer. Net adjustment: +$11,454.
Adjusted +$13,844 for 49 sqft more living space and +$16,540 for being newer. Net adjustment: +$30,384.
Adjusted +$19,213 for 68 sqft more living space and +$16,540 for being newer. Net adjustment: +$35,753.
The Neighborhood
This home is valued 34.7% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +34.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,961 across all districts. With a homestead exemption claimed, that drops to $9,318 — saving $1,643 per year. That's $777 per month a buyer should budget. The assessed value increased +3.5% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,014 |
| Williamson County | County | 0.3694% | $2,044 |
| Cedar Park | City | 0.3600% | $1,992 |
| Austin Community College | special | 0.1034% | $572 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,961 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $399,024 would pay approximately $2,491 per month (principal and interest only, excluding taxes and insurance).