1515 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $291,063 and $689,360, with a best estimate of $616,384. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$616,384
$496,324
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 $291,063 and $689,360. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$98,133 for 359 sqft more living space and +$9,039 for being newer. Net adjustment: +$107,172.
Adjusted +$109,614 for 401 sqft more living space. Net adjustment: +$109,614.
Adjusted +$127,928 for 468 sqft more living space. Net adjustment: +$127,928.
Adjusted -$233,168 for 853 sqft less living space. Net adjustment: -$233,168.
Adjusted +$161,550 for 591 sqft more living space. Net adjustment: +$161,550.
The Neighborhood
This home is valued 28.6% 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
above averageThis home is +28.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,833 across all districts. With a homestead exemption claimed, that drops to $8,201 — saving $1,632 per year. That's $683 per month a buyer should budget. The assessed value increased +8.6% vs the subdivision average of -2.8%. This above-average increase gives a protest opportunity score of 65 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,395 |
| Williamson County | County | 0.3694% | $1,834 |
| Cedar Park | City | 0.3600% | $1,787 |
| Austin Community College | special | 0.1034% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,833 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $616,384 would pay approximately $3,847 per month (principal and interest only, excluding taxes and insurance).