1505 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $401,770 and $800,067, with a best estimate of $727,091. 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
$727,091
$467,768
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $401,770 and $800,067. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$208,840 for 764 sqft more living space and +$9,039 for being newer. Net adjustment: +$217,879.
Adjusted +$220,321 for 806 sqft more living space. Net adjustment: +$220,321.
Adjusted +$238,635 for 873 sqft more living space. Net adjustment: +$238,635.
Adjusted -$122,461 for 448 sqft less living space. Net adjustment: -$122,461.
Adjusted +$272,257 for 996 sqft more living space. Net adjustment: +$272,257.
The Neighborhood
This home is valued 21.2% 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 +21.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,267 across all districts. With a homestead exemption claimed, that drops to $7,641 — saving $1,626 per year. That's $637 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% | $5,084 |
| Williamson County | County | 0.3694% | $1,728 |
| Cedar Park | City | 0.3600% | $1,684 |
| Austin Community College | special | 0.1034% | $484 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,267 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $727,091 would pay approximately $4,538 per month (principal and interest only, excluding taxes and insurance).