2307 ERICA KAITLIN LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $545,360 and $638,420, with a best estimate of $599,338. 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
$599,338
$626,517
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $545,360 and $638,420. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$114,768 for 447 sqft less living space and -$7,533 for being older. Net adjustment: -$122,301.
Adjusted -$11,811 for 46 sqft less living space and +$7,533 for being newer. Net adjustment: -$4,278.
Adjusted +$63,417 for 247 sqft more living space and +$11,300 for being newer. Net adjustment: +$74,717.
Adjusted -$99,363 for 387 sqft less living space. Net adjustment: -$99,363.
Adjusted -$8,730 for 34 sqft less living space and -$11,300 for being older. Net adjustment: -$20,030.
The Neighborhood
This home is valued 8.3% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. 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 +8.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,412 across all districts. With a homestead exemption claimed, that drops to $10,752 — saving $1,660 per year. That's $896 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% | $6,810 |
| Williamson County | County | 0.3694% | $2,315 |
| Cedar Park | City | 0.3600% | $2,255 |
| Austin Community College | special | 0.1034% | $648 |
| Williamson County FM/Rd | County | 0.0443% | $278 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,412 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $599,338 would pay approximately $3,741 per month (principal and interest only, excluding taxes and insurance).