1302 ELM FOREST DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $252,957 and $526,529, with a best estimate of $386,794. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$386,794
$349,180
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L318589F - Buttercup Creek. The estimated range of $252,957 and $526,529 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$31,709 for 116 sqft more living space. Net adjustment: +$31,709.
Adjusted -$17,494 for 64 sqft less living space and +$5,424 for having a garage. Net adjustment: -$12,070.
Adjusted +$22,961 for 84 sqft more living space and -$90,387 for being older. Net adjustment: -$67,426.
Adjusted +$76,812 for 281 sqft more living space. Net adjustment: +$76,812.
Adjusted +$3,554 for 13 sqft more living space and -$81,349 for being older. Net adjustment: -$77,795.
The Neighborhood
This home is valued 9.5% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,918 across all districts. With a homestead exemption claimed, that drops to $5,313 — saving $1,605 per year. That's $443 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% | $3,795 |
| Williamson County | County | 0.3694% | $1,290 |
| Cedar Park | City | 0.3600% | $1,257 |
| Austin Community College | special | 0.1034% | $361 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,918 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,794 would pay approximately $2,414 per month (principal and interest only, excluding taxes and insurance).