506 TWIN OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $279,665 and $416,976, with a best estimate of $362,886. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$362,886
$341,173
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 $279,665 and $416,976. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$98,680 for 361 sqft less living space and -$9,039 for being older. Net adjustment: -$107,719.
Adjusted +$38,269 for 140 sqft more living space and -$27,116 for being older. Net adjustment: +$11,153.
Adjusted -$63,417 for 232 sqft less living space and -$63,271 for being older. Net adjustment: -$126,688.
Adjusted -$10,387 for 38 sqft less living space and -$27,116 for being older. Net adjustment: -$37,503.
Adjusted +$30,069 for 110 sqft more living space and -$9,039 for being older. Net adjustment: +$21,030.
The Neighborhood
This home is valued 11.6% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -11.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,759 across all districts. With a homestead exemption claimed, that drops to $5,156 — saving $1,603 per year. That's $430 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% | $3,708 |
| Williamson County | County | 0.3694% | $1,260 |
| Cedar Park | City | 0.3600% | $1,228 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,759 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $362,886 would pay approximately $2,265 per month (principal and interest only, excluding taxes and insurance).