1118 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $210,304 and $608,131, with a best estimate of $237,360. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$237,360
$564,537
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $210,304 and $608,131. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$201,460 for 737 sqft less living space and +$18,077 for being newer. Net adjustment: -$183,383.
Adjusted -$171,118 for 626 sqft less living space. Net adjustment: -$171,118.
Adjusted -$221,414 for 810 sqft less living space and +$27,116 for being newer. Net adjustment: -$194,298.
Adjusted -$269,797 for 987 sqft less living space and +$9,039 for being newer. Net adjustment: -$260,758.
Adjusted -$18,861 for 69 sqft less living space and +$18,077 for being newer. Net adjustment: -$784.
The Neighborhood
This home is valued 46.2% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +46.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,184 across all districts. With a homestead exemption claimed, that drops to $9,538 — saving $1,646 per year. That's $795 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% | $6,136 |
| Williamson County | County | 0.3694% | $2,086 |
| Cedar Park | City | 0.3600% | $2,032 |
| Austin Community College | special | 0.1034% | $584 |
| Williamson County FM/Rd | County | 0.0443% | $250 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $237,360 would pay approximately $1,482 per month (principal and interest only, excluding taxes and insurance).