1510 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $267,712 and $588,316, with a best estimate of $451,167. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$451,167
$553,268
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 $267,712 and $588,316. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$203,693 for 887 sqft less living space. Net adjustment: -$203,693.
Adjusted +$98,287 for 428 sqft more living space and -$1,862 for being older. Net adjustment: +$96,425.
Adjusted -$40,417 for 176 sqft less living space and -$3,723 for being older. Net adjustment: -$44,140.
Adjusted -$50,521 for 220 sqft less living space and -$1,862 for being older. Net adjustment: -$52,383.
Adjusted -$11,023 for 48 sqft less living space and +$3,723 for being newer. Net adjustment: -$7,300.
The Neighborhood
This home is valued 18.4% 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
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,961 across all districts. With a homestead exemption claimed, that drops to $9,317 — saving $1,644 per year. That's $776 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% | $6,013 |
| Williamson County | County | 0.3694% | $2,044 |
| Cedar Park | City | 0.3600% | $1,992 |
| Austin Community College | special | 0.1034% | $572 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,961 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $451,167 would pay approximately $2,816 per month (principal and interest only, excluding taxes and insurance).