1508 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $498,194 and $636,936, with a best estimate of $505,703. 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
$505,703
$605,925
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 $498,194 and $636,936. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$56,742 for 221 sqft less living space and +$33,899 for being newer. Net adjustment: -$22,843.
Adjusted -$63,161 for 246 sqft less living space and +$41,432 for being newer. Net adjustment: -$21,729.
Adjusted -$8,216 for 32 sqft less living space and -$11,300 for being older. Net adjustment: -$19,516.
Adjusted -$28,243 for 110 sqft less living space and +$30,132 for being newer. Net adjustment: +$1,889.
Adjusted +$7,189 for 28 sqft more living space and +$26,366 for being newer. Net adjustment: +$33,555.
The Neighborhood
This home is valued 4.7% 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 +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,004 across all districts. With a homestead exemption claimed, that drops to $10,348 — saving $1,656 per year. That's $862 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% | $6,586 |
| Williamson County | County | 0.3694% | $2,239 |
| Cedar Park | City | 0.3600% | $2,181 |
| Austin Community College | special | 0.1034% | $627 |
| Williamson County FM/Rd | County | 0.0443% | $269 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,004 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $505,703 would pay approximately $3,157 per month (principal and interest only, excluding taxes and insurance).