1506 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $389,696 and $477,288, with a best estimate of $457,443. 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
$457,443
$465,299
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 $389,696 and $477,288. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$36,459 for 142 sqft less living space and +$3,767 for being newer. Net adjustment: -$32,692.
Adjusted -$42,877 for 167 sqft less living space. Net adjustment: -$42,877.
Adjusted -$132,997 for 518 sqft less living space and -$7,533 for being older. Net adjustment: -$140,530.
Adjusted -$37,486 for 146 sqft less living space and -$3,767 for being older. Net adjustment: -$41,253.
Adjusted -$72,917 for 284 sqft less living space. Net adjustment: -$72,917.
The Neighborhood
This home is valued 19.6% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
below averageThis home is -19.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,218 across all districts. With a homestead exemption claimed, that drops to $7,592 — saving $1,626 per year. That's $633 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% | $5,057 |
| Williamson County | County | 0.3694% | $1,719 |
| Cedar Park | City | 0.3600% | $1,675 |
| Austin Community College | special | 0.1034% | $481 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,218 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,443 would pay approximately $2,855 per month (principal and interest only, excluding taxes and insurance).