512 MADISONS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $536,256 and $758,517, with a best estimate of $681,827. That places the property above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$681,827
$567,992
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $536,256 and $758,517 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$178,442 for 695 sqft more living space and -$3,767 for being older. Net adjustment: +$174,675.
Adjusted +$47,756 for 186 sqft more living space and +$18,833 for being newer. Net adjustment: +$66,589.
Adjusted +$144,551 for 563 sqft more living space and -$30,132 for being older. Net adjustment: +$114,419.
Adjusted +$162,010 for 631 sqft more living space and -$26,366 for being older. Net adjustment: +$135,644.
Adjusted +$167,145 for 651 sqft more living space and -$30,132 for being older. Net adjustment: +$137,013.
The Neighborhood
This home is valued 1.8% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is -1.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,252 across all districts. With a homestead exemption claimed, that drops to $9,605 — saving $1,647 per year. That's $800 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% | $6,174 |
| Williamson County | County | 0.3694% | $2,098 |
| Cedar Park | City | 0.3600% | $2,045 |
| Austin Community College | special | 0.1034% | $587 |
| Williamson County FM/Rd | County | 0.0443% | $252 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,252 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $681,827 would pay approximately $4,256 per month (principal and interest only, excluding taxes and insurance).