1114 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $361,698 and $586,912, with a best estimate of $426,926. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$426,926
$433,418
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $361,698 and $586,912 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$76,701 for 334 sqft less living space and -$7,446 for being older. Net adjustment: -$84,147.
Adjusted -$22,275 for 97 sqft less living space and -$3,723 for being older. Net adjustment: -$25,998.
Adjusted +$23,194 for 101 sqft more living space and -$5,585 for being older. Net adjustment: +$17,609.
Adjusted -$12,860 for 56 sqft less living space and -$1,862 for being older. Net adjustment: -$14,722.
Adjusted +$49,603 for 216 sqft more living space and -$9,308 for being older. Net adjustment: +$40,295.
The Neighborhood
This home is valued 7.2% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -7.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,586 across all districts. With a homestead exemption claimed, that drops to $6,967 — saving $1,619 per year. That's $581 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% | $4,711 |
| Williamson County | County | 0.3694% | $1,601 |
| Cedar Park | City | 0.3600% | $1,560 |
| Austin Community College | special | 0.1034% | $448 |
| Williamson County FM/Rd | County | 0.0443% | $192 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,586 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $426,926 would pay approximately $2,665 per month (principal and interest only, excluding taxes and insurance).