516 VICTORIA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $281,467 and $640,993, with a best estimate of $538,149. That places the property below 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
$538,149
$592,016
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $281,467 and $640,993. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,540 for 154 sqft less living space and +$3,767 for being newer. Net adjustment: -$35,773.
Adjusted -$286,534 for 1,116 sqft less living space. Net adjustment: -$286,534.
Adjusted -$43,134 for 168 sqft less living space and +$3,767 for being newer. Net adjustment: -$39,367.
Adjusted -$128,889 for 502 sqft less living space and +$3,767 for being newer. Net adjustment: -$125,122.
Adjusted -$190,252 for 741 sqft less living space and +$3,767 for being newer. Net adjustment: -$186,485.
The Neighborhood
This home is valued 2.3% 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 +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,728 across all districts. With a homestead exemption claimed, that drops to $10,076 — saving $1,652 per year. That's $840 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% | $6,435 |
| Williamson County | County | 0.3694% | $2,187 |
| Cedar Park | City | 0.3600% | $2,131 |
| Austin Community College | special | 0.1034% | $612 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,728 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $538,149 would pay approximately $3,359 per month (principal and interest only, excluding taxes and insurance).