1232 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $490,708 and $868,890, with a best estimate of $503,977. 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
$503,977
$471,062
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 $490,708 and $868,890. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$68,338 for 250 sqft more living space and +$9,039 for being newer. Net adjustment: +$77,377.
Adjusted +$269,797 for 987 sqft more living space and -$9,039 for being older. Net adjustment: +$260,758.
Adjusted +$98,680 for 361 sqft more living space and -$9,039 for being older. Net adjustment: +$89,641.
Adjusted +$48,383 for 177 sqft more living space and +$18,077 for being newer. Net adjustment: +$66,460.
Adjusted +$250,936 for 918 sqft more living space and +$9,039 for being newer. Net adjustment: +$259,975.
The Neighborhood
This home is valued 22.0% 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 +22.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,332 across all districts. With a homestead exemption claimed, that drops to $7,705 — saving $1,627 per year. That's $642 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% | $5,120 |
| Williamson County | County | 0.3694% | $1,740 |
| Cedar Park | City | 0.3600% | $1,696 |
| Austin Community College | special | 0.1034% | $487 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,332 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $503,977 would pay approximately $3,146 per month (principal and interest only, excluding taxes and insurance).