1203 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $519,362 and $931,396, with a best estimate of $567,926. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$567,926
$503,379
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $519,362 and $931,396 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$64,300 for 280 sqft more living space and -$7,446 for being older. Net adjustment: +$56,854.
Adjusted +$67,974 for 296 sqft more living space and -$5,585 for being older. Net adjustment: +$62,389.
Adjusted +$118,725 for 517 sqft more living space and -$3,723 for being older. Net adjustment: +$115,002.
Adjusted -$6,660 for 29 sqft less living space and -$20,478 for being older. Net adjustment: -$27,138.
Adjusted +$164,195 for 715 sqft more living space and -$5,585 for being older. Net adjustment: +$158,610.
The Neighborhood
This home is valued 7.8% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is +7.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,972 across all districts. With a homestead exemption claimed, that drops to $8,340 — saving $1,632 per year. That's $695 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% | $5,471 |
| Williamson County | County | 0.3694% | $1,860 |
| Cedar Park | City | 0.3600% | $1,812 |
| Austin Community College | special | 0.1034% | $520 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,972 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $567,926 would pay approximately $3,545 per month (principal and interest only, excluding taxes and insurance).