2115 COLINAS VERDAS RD, CEDAR PARK, TX 78641
CEDAR PARK, 78641 — williamson County
Property at a Glance
This home is estimated between $506,722 and $763,558, with a best estimate of $626,076. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$626,076
$699,377
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $506,722 and $763,558. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,353 for 72 sqft more living space and +$13,844 for being newer. Net adjustment: +$32,197.
Adjusted -$166,702 for 654 sqft less living space. Net adjustment: -$166,702.
Adjusted +$33,136 for 130 sqft more living space and +$13,844 for being newer. Net adjustment: +$46,980.
Adjusted -$22,941 for 90 sqft less living space. Net adjustment: -$22,941.
Adjusted -$60,920 for 239 sqft less living space and -$13,844 for being older. Net adjustment: -$74,764.
The Neighborhood
This home is valued 5.1% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,855 across all districts. With a homestead exemption claimed, that drops to $12,179 — saving $1,676 per year. That's $1,015 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% | $7,602 |
| Williamson County | County | 0.3694% | $2,584 |
| Cedar Park | City | 0.3600% | $2,518 |
| Austin Community College | special | 0.1034% | $723 |
| Williamson County FM/Rd | County | 0.0443% | $310 |
| Upper Brushy Creek WCID | Water | 0.0170% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,855 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $626,076 would pay approximately $3,908 per month (principal and interest only, excluding taxes and insurance).