1511 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $455,091 and $804,456, with a best estimate of $509,726. 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
$509,726
$527,261
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 $455,091 and $804,456. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,499 for 185 sqft more living space and +$37,665 for being newer. Net adjustment: +$85,164.
Adjusted -$91,147 for 355 sqft less living space and +$52,731 for being newer. Net adjustment: -$38,416.
Adjusted +$12,838 for 50 sqft more living space and +$41,432 for being newer. Net adjustment: +$54,270.
Adjusted -$24,391 for 95 sqft less living space and +$33,899 for being newer. Net adjustment: +$9,508.
Adjusted -$188,455 for 734 sqft less living space and +$45,198 for being newer. Net adjustment: -$143,257.
The Neighborhood
This home is valued 8.8% 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
typicalThis home is -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,445 across all districts. With a homestead exemption claimed, that drops to $8,807 — saving $1,638 per year. That's $734 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% | $5,731 |
| Williamson County | County | 0.3694% | $1,948 |
| Cedar Park | City | 0.3600% | $1,898 |
| Austin Community College | special | 0.1034% | $545 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,445 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $509,726 would pay approximately $3,182 per month (principal and interest only, excluding taxes and insurance).