406 MADISONS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $582,313 and $838,070, with a best estimate of $665,373. 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
$665,373
$530,637
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 $582,313 and $838,070. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$8,216 for 32 sqft less living space and -$11,300 for being older. Net adjustment: -$19,516.
Adjusted +$133,254 for 519 sqft more living space and -$30,132 for being older. Net adjustment: +$103,122.
Adjusted +$97,052 for 378 sqft more living space and -$30,132 for being older. Net adjustment: +$66,920.
Adjusted +$190,509 for 742 sqft more living space and +$15,066 for being newer. Net adjustment: +$205,575.
Adjusted +$185,117 for 721 sqft more living space and +$18,833 for being newer. Net adjustment: +$203,950.
The Neighborhood
This home is valued 8.3% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. 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 -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,512 across all districts. With a homestead exemption claimed, that drops to $8,874 — saving $1,638 per year. That's $740 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% | $5,767 |
| Williamson County | County | 0.3694% | $1,960 |
| Cedar Park | City | 0.3600% | $1,910 |
| Austin Community College | special | 0.1034% | $549 |
| Williamson County FM/Rd | County | 0.0443% | $235 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,512 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $665,373 would pay approximately $4,153 per month (principal and interest only, excluding taxes and insurance).