1202 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $358,557 and $578,415, with a best estimate of $418,429. 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
$418,429
$426,309
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $358,557 and $578,415 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$85,197 for 371 sqft less living space and -$7,446 for being older. Net adjustment: -$92,643.
Adjusted -$30,772 for 134 sqft less living space and -$3,723 for being older. Net adjustment: -$34,495.
Adjusted +$14,697 for 64 sqft more living space and -$5,585 for being older. Net adjustment: +$9,112.
Adjusted +$41,106 for 179 sqft more living space and -$9,308 for being older. Net adjustment: +$31,798.
Adjusted +$2,296 for 10 sqft more living space and -$7,446 for being older. Net adjustment: -$5,150.
The Neighborhood
This home is valued 8.7% 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 -8.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,446 across all districts. With a homestead exemption claimed, that drops to $6,827 — saving $1,619 per year. That's $569 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% | $4,634 |
| Williamson County | County | 0.3694% | $1,575 |
| Cedar Park | City | 0.3600% | $1,535 |
| Austin Community College | special | 0.1034% | $441 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,446 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $418,429 would pay approximately $2,612 per month (principal and interest only, excluding taxes and insurance).