1511 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $634,974 and $947,712, with a best estimate of $670,518. 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
$670,518
$598,348
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 $634,974 and $947,712. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$235,954 for 919 sqft more living space and -$7,533 for being older. Net adjustment: +$228,421.
Adjusted +$97,309 for 379 sqft more living space and +$7,533 for being newer. Net adjustment: +$104,842.
Adjusted +$201,293 for 784 sqft more living space and -$3,767 for being older. Net adjustment: +$197,526.
Adjusted +$164,064 for 639 sqft more living space and -$11,300 for being older. Net adjustment: +$152,764.
Adjusted +$188,455 for 734 sqft more living space and -$45,198 for being older. Net adjustment: +$143,257.
The Neighborhood
This home is valued 3.4% 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 +3.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,854 across all districts. With a homestead exemption claimed, that drops to $10,200 — saving $1,654 per year. That's $850 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% | $6,503 |
| Williamson County | County | 0.3694% | $2,211 |
| Cedar Park | City | 0.3600% | $2,154 |
| Austin Community College | special | 0.1034% | $619 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,854 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $670,518 would pay approximately $4,185 per month (principal and interest only, excluding taxes and insurance).