1500 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $364,496 and $592,420, with a best estimate of $499,774. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$499,774
$477,896
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $364,496 and $592,420 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$2,526 for 11 sqft more living space and +$1,862 for being newer. Net adjustment: +$4,388.
Adjusted +$32,380 for 141 sqft more living space. Net adjustment: +$32,380.
Adjusted -$24,801 for 108 sqft less living space and -$3,723 for being older. Net adjustment: -$28,524.
Adjusted -$25,720 for 112 sqft less living space and -$1,862 for being older. Net adjustment: -$27,582.
Adjusted +$689 for 3 sqft more living space and -$3,723 for being older. Net adjustment: -$3,034.
The Neighborhood
This home is valued 2.3% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,467 across all districts. With a homestead exemption claimed, that drops to $7,840 — saving $1,627 per year. That's $653 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% | $5,194 |
| Williamson County | County | 0.3694% | $1,766 |
| Cedar Park | City | 0.3600% | $1,720 |
| Austin Community College | special | 0.1034% | $494 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,467 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,774 would pay approximately $3,120 per month (principal and interest only, excluding taxes and insurance).