1408 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $353,315 and $663,700, with a best estimate of $488,420. 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
$488,420
$441,853
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $353,315 and $663,700 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$16,305 for 71 sqft less living space and +$1,862 for being newer. Net adjustment: -$14,443.
Adjusted -$10,334 for 45 sqft less living space and -$5,585 for being older. Net adjustment: -$15,919.
Adjusted -$22,046 for 96 sqft less living space and -$3,723 for being older. Net adjustment: -$25,769.
Adjusted +$141,460 for 616 sqft more living space and -$9,308 for being older. Net adjustment: +$132,152.
Adjusted -$18,371 for 80 sqft less living space and -$29,786 for being older. Net adjustment: -$48,157.
The Neighborhood
This home is valued 5.4% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -5.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,753 across all districts. With a homestead exemption claimed, that drops to $7,132 — saving $1,621 per year. That's $594 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% | $4,803 |
| Williamson County | County | 0.3694% | $1,632 |
| Cedar Park | City | 0.3600% | $1,591 |
| Austin Community College | special | 0.1034% | $457 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,753 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $488,420 would pay approximately $3,049 per month (principal and interest only, excluding taxes and insurance).