1606 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $590,229 and $899,004, with a best estimate of $849,552. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$849,552
$524,231
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 $590,229 and $899,004. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$331,301 for 1,212 sqft more living space and +$9,039 for being newer. Net adjustment: +$340,340.
Adjusted +$216,494 for 792 sqft more living space and +$9,039 for being newer. Net adjustment: +$225,533.
Adjusted +$122,461 for 448 sqft more living space. Net adjustment: +$122,461.
Adjusted +$233,168 for 853 sqft more living space. Net adjustment: +$233,168.
Adjusted +$338,955 for 1,240 sqft more living space. Net adjustment: +$338,955.
The Neighborhood
This home is valued 35.8% 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 +35.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,385 across all districts. With a homestead exemption claimed, that drops to $8,748 — saving $1,637 per year. That's $729 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% | $5,698 |
| Williamson County | County | 0.3694% | $1,937 |
| Cedar Park | City | 0.3600% | $1,887 |
| Austin Community College | special | 0.1034% | $542 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,385 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $849,552 would pay approximately $5,303 per month (principal and interest only, excluding taxes and insurance).