1103 RED BUD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $94,449 and $567,279, with a best estimate of $328,276. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$328,276
$349,146
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $94,449 and $567,279. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$253,437 for 897 sqft less living space and +$5,513 for being newer. Net adjustment: -$247,924.
Adjusted -$276,322 for 978 sqft less living space and +$11,026 for being newer. Net adjustment: -$265,296.
Adjusted -$6,498 for 23 sqft less living space and -$27,566 for being older. Net adjustment: -$34,064.
Adjusted -$56,508 for 200 sqft less living space and -$44,106 for being older. Net adjustment: -$100,614.
Adjusted +$9,041 for 32 sqft more living space and -$27,566 for being older. Net adjustment: -$18,525.
The Neighborhood
This home is valued 29.6% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -29.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,342 across all districts. With a homestead exemption claimed, that drops to $4,744 — saving $1,598 per year. That's $395 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% | $3,480 |
| Williamson County | County | 0.3694% | $1,183 |
| Cedar Park | City | 0.3600% | $1,153 |
| Austin Community College | special | 0.1034% | $331 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,342 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,276 would pay approximately $2,049 per month (principal and interest only, excluding taxes and insurance).