1207 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $415,856 and $508,503, with a best estimate of $416,572. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$416,572
$439,919
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $415,856 and $508,503 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$44,091 for 192 sqft less living space and -$7,446 for being older. Net adjustment: -$51,537.
Adjusted +$22,735 for 99 sqft more living space and +$1,862 for being newer. Net adjustment: +$24,597.
Adjusted -$28,705 for 125 sqft less living space and -$11,170 for being older. Net adjustment: -$39,875.
Adjusted -$73,945 for 322 sqft less living space and -$5,585 for being older. Net adjustment: -$79,530.
Adjusted +$33,528 for 146 sqft more living space and +$11,170 for being newer. Net adjustment: +$44,698.
The Neighborhood
This home is valued 5.8% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -5.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,715 across all districts. With a homestead exemption claimed, that drops to $7,094 — saving $1,621 per year. That's $591 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% | $4,781 |
| Williamson County | County | 0.3694% | $1,625 |
| Cedar Park | City | 0.3600% | $1,584 |
| Austin Community College | special | 0.1034% | $455 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,715 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $416,572 would pay approximately $2,600 per month (principal and interest only, excluding taxes and insurance).