1601 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $386,189 and $784,486, with a best estimate of $711,510. 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
$711,510
$450,256
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 $386,189 and $784,486. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$193,259 for 707 sqft more living space and +$9,039 for being newer. Net adjustment: +$202,298.
Adjusted +$204,740 for 749 sqft more living space. Net adjustment: +$204,740.
Adjusted +$223,054 for 816 sqft more living space. Net adjustment: +$223,054.
Adjusted -$138,042 for 505 sqft less living space. Net adjustment: -$138,042.
Adjusted +$256,676 for 939 sqft more living space. Net adjustment: +$256,676.
The Neighborhood
This home is valued 16.6% 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 +16.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,920 across all districts. With a homestead exemption claimed, that drops to $7,297 — saving $1,623 per year. That's $608 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% | $4,894 |
| Williamson County | County | 0.3694% | $1,663 |
| Cedar Park | City | 0.3600% | $1,621 |
| Austin Community College | special | 0.1034% | $466 |
| Williamson County FM/Rd | County | 0.0443% | $200 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,920 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $711,510 would pay approximately $4,441 per month (principal and interest only, excluding taxes and insurance).