1201 FOREST TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $512,675 and $732,612, with a best estimate of $625,379. 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
$625,379
$445,878
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $512,675 and $732,612. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$55,764 for 204 sqft more living space and +$9,039 for being newer. Net adjustment: +$64,803.
Adjusted +$73,531 for 269 sqft more living space and +$27,116 for being newer. Net adjustment: +$100,647.
Adjusted +$168,931 for 618 sqft more living space. Net adjustment: +$168,931.
Adjusted +$68,884 for 252 sqft more living space and -$9,039 for being older. Net adjustment: +$59,845.
Adjusted +$47,836 for 175 sqft more living space and -$9,039 for being older. Net adjustment: +$38,797.
The Neighborhood
This home is valued 15.5% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +15.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,833 across all districts. With a homestead exemption claimed, that drops to $7,211 — saving $1,622 per year. That's $601 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% | $4,846 |
| Williamson County | County | 0.3694% | $1,647 |
| Cedar Park | City | 0.3600% | $1,605 |
| Austin Community College | special | 0.1034% | $461 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,833 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $625,379 would pay approximately $3,904 per month (principal and interest only, excluding taxes and insurance).