1420 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $388,608 and $580,982, with a best estimate of $523,887. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$523,887
$520,904
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $388,608 and $580,982 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$26,639 for 116 sqft more living space and +$1,862 for being newer. Net adjustment: +$28,501.
Adjusted -$689 for 3 sqft less living space and -$3,723 for being older. Net adjustment: -$4,412.
Adjusted -$1,607 for 7 sqft less living space and -$1,862 for being older. Net adjustment: -$3,469.
Adjusted +$24,801 for 108 sqft more living space and -$3,723 for being older. Net adjustment: +$21,078.
Adjusted -$39,958 for 174 sqft less living space and -$5,585 for being older. Net adjustment: -$45,543.
The Neighborhood
This home is valued 11.5% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is +11.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,320 across all districts. With a homestead exemption claimed, that drops to $8,683 — saving $1,637 per year. That's $724 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% | $5,662 |
| Williamson County | County | 0.3694% | $1,924 |
| Cedar Park | City | 0.3600% | $1,875 |
| Austin Community College | special | 0.1034% | $539 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,320 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,887 would pay approximately $3,270 per month (principal and interest only, excluding taxes and insurance).