1509 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $341,201 and $644,956, with a best estimate of $386,974. That places the property below 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
$386,974
$660,936
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 $341,201 and $644,956. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$134,794 for 525 sqft less living space and +$33,899 for being newer. Net adjustment: -$100,895.
Adjusted -$169,456 for 660 sqft less living space and +$37,665 for being newer. Net adjustment: -$131,791.
Adjusted -$6,419 for 25 sqft less living space and +$37,665 for being newer. Net adjustment: +$31,246.
Adjusted -$182,293 for 710 sqft less living space and -$3,767 for being older. Net adjustment: -$186,060.
Adjusted -$8,986 for 35 sqft less living space and +$22,599 for being newer. Net adjustment: +$13,613.
The Neighborhood
This home is valued 14.3% 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 +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,094 across all districts. With a homestead exemption claimed, that drops to $11,426 — saving $1,668 per year. That's $952 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% | $7,184 |
| Williamson County | County | 0.3694% | $2,442 |
| Cedar Park | City | 0.3600% | $2,379 |
| Austin Community College | special | 0.1034% | $683 |
| Williamson County FM/Rd | County | 0.0443% | $293 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,094 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,974 would pay approximately $2,415 per month (principal and interest only, excluding taxes and insurance).