1603 MICHAEL ROBERT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $330,827 and $470,847, with a best estimate of $440,600. 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
$440,600
$608,577
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $330,827 and $470,847. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$112,200 for 437 sqft less living space. Net adjustment: -$112,200.
Adjusted -$126,578 for 493 sqft less living space. Net adjustment: -$126,578.
Adjusted -$216,441 for 843 sqft less living space. Net adjustment: -$216,441.
Adjusted -$138,902 for 541 sqft less living space. Net adjustment: -$138,902.
Adjusted -$43,904 for 171 sqft less living space. Net adjustment: -$43,904.
The Neighborhood
This home is valued 5.2% 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 +5.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,056 across all districts. With a homestead exemption claimed, that drops to $10,400 — saving $1,656 per year. That's $867 per month a buyer should budget. The assessed value increased -2.0% vs the subdivision average of -8.7%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,615 |
| Williamson County | County | 0.3694% | $2,248 |
| Cedar Park | City | 0.3600% | $2,191 |
| Austin Community College | special | 0.1034% | $629 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,056 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,600 would pay approximately $2,750 per month (principal and interest only, excluding taxes and insurance).