703 NELSON RANCH RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $383,754 and $717,780, with a best estimate of $601,889. That places the property above 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
$601,889
$656,974
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $383,754 and $717,780. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$60,336 for 235 sqft less living space and +$11,300 for being newer. Net adjustment: -$49,036.
Adjusted +$61,107 for 238 sqft more living space and +$15,066 for being newer. Net adjustment: +$76,173.
Adjusted +$13,608 for 53 sqft more living space and -$7,533 for being older. Net adjustment: +$6,075.
Adjusted -$770 for 3 sqft less living space and -$11,300 for being older. Net adjustment: -$12,070.
Adjusted -$140,700 for 548 sqft less living space and +$7,533 for being newer. Net adjustment: -$133,167.
The Neighborhood
This home is valued 13.6% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is +13.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,015 across all districts. With a homestead exemption claimed, that drops to $11,348 — saving $1,667 per year. That's $946 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% | $7,141 |
| Williamson County | County | 0.3694% | $2,427 |
| Cedar Park | City | 0.3600% | $2,365 |
| Austin Community College | special | 0.1034% | $679 |
| Williamson County FM/Rd | County | 0.0443% | $291 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,015 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $601,889 would pay approximately $3,757 per month (principal and interest only, excluding taxes and insurance).