1111 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $389,255 and $491,428, with a best estimate of $428,842. 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
$428,842
$452,252
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $389,255 and $491,428 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$49,144 for 214 sqft less living space and -$7,446 for being older. Net adjustment: -$56,590.
Adjusted +$5,282 for 23 sqft more living space and -$3,723 for being older. Net adjustment: +$1,559.
Adjusted -$45,469 for 198 sqft less living space and -$5,585 for being older. Net adjustment: -$51,054.
Adjusted +$50,751 for 221 sqft more living space and -$5,585 for being older. Net adjustment: +$45,166.
Adjusted +$14,697 for 64 sqft more living space and -$1,862 for being older. Net adjustment: +$12,835.
The Neighborhood
This home is valued 3.2% 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 -3.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,959 across all districts. With a homestead exemption claimed, that drops to $7,336 — saving $1,623 per year. That's $611 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% | $4,916 |
| Williamson County | County | 0.3694% | $1,671 |
| Cedar Park | City | 0.3600% | $1,628 |
| Austin Community College | special | 0.1034% | $468 |
| 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% | $8,959 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $428,842 would pay approximately $2,677 per month (principal and interest only, excluding taxes and insurance).