1122 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $226,688 and $604,869, with a best estimate of $273,545. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$273,545
$435,629
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 $226,688 and $604,869. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$213,760 for 782 sqft less living space and +$27,116 for being newer. Net adjustment: -$186,644.
Adjusted -$12,301 for 45 sqft less living space and +$9,039 for being newer. Net adjustment: -$3,262.
Adjusted -$233,715 for 855 sqft less living space and +$36,155 for being newer. Net adjustment: -$197,560.
Adjusted -$31,162 for 114 sqft less living space and +$27,116 for being newer. Net adjustment: -$4,046.
Adjusted -$173,304 for 634 sqft less living space and +$36,155 for being newer. Net adjustment: -$137,149.
The Neighborhood
This home is valued 12.8% 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
typicalThis home is +12.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,630 across all districts. With a homestead exemption claimed, that drops to $7,010 — saving $1,620 per year. That's $584 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% | $4,735 |
| Williamson County | County | 0.3694% | $1,609 |
| Cedar Park | City | 0.3600% | $1,568 |
| Austin Community College | special | 0.1034% | $450 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,630 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $273,545 would pay approximately $1,707 per month (principal and interest only, excluding taxes and insurance).