1502 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $462,754 and $870,709, with a best estimate of $507,889. 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
$507,889
$791,695
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $462,754 and $870,709 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$15,662 for 61 sqft more living space and +$11,300 for being newer. Net adjustment: +$26,962.
Adjusted -$13,865 for 54 sqft less living space and +$48,965 for being newer. Net adjustment: +$35,100.
Adjusted +$207,968 for 810 sqft more living space and +$41,432 for being newer. Net adjustment: +$249,400.
Adjusted -$8,986 for 35 sqft less living space and -$18,833 for being older. Net adjustment: -$27,819.
Adjusted +$281,399 for 1,096 sqft more living space and +$26,366 for being newer. Net adjustment: +$307,765.
The Neighborhood
This home is valued 36.9% 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
above averageThis home is +36.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,684 across all districts. With a homestead exemption claimed, that drops to $13,988 — saving $1,696 per year. That's $1,166 per month a buyer should budget. The assessed value increased -2.1% vs the subdivision average of -8.7%. This above-average increase gives a protest opportunity score of 33 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $8,605 |
| Williamson County | County | 0.3694% | $2,925 |
| Cedar Park | City | 0.3600% | $2,850 |
| Austin Community College | special | 0.1034% | $819 |
| Williamson County FM/Rd | County | 0.0443% | $351 |
| Upper Brushy Creek WCID | Water | 0.0170% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,684 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $507,889 would pay approximately $3,170 per month (principal and interest only, excluding taxes and insurance).