1308 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $540,887 and $637,018, with a best estimate of $549,046. 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
$549,046
$533,984
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $540,887 and $637,018 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$58,789 for 256 sqft more living space and +$44,679 for being newer. Net adjustment: +$103,468.
Adjusted -$42,714 for 186 sqft less living space and +$24,201 for being newer. Net adjustment: -$18,513.
Adjusted -$96,450 for 420 sqft less living space and +$26,062 for being newer. Net adjustment: -$70,388.
Adjusted -$13,090 for 57 sqft less living space and +$18,616 for being newer. Net adjustment: +$5,526.
Adjusted +$119,873 for 522 sqft more living space and +$39,094 for being newer. Net adjustment: +$158,967.
The Neighborhood
This home is valued 14.3% 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 +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,579 across all districts. With a homestead exemption claimed, that drops to $8,939 — saving $1,640 per year. That's $745 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% | $5,804 |
| Williamson County | County | 0.3694% | $1,973 |
| Cedar Park | City | 0.3600% | $1,922 |
| Austin Community College | special | 0.1034% | $552 |
| Williamson County FM/Rd | County | 0.0443% | $237 |
| Upper Brushy Creek WCID | Water | 0.0170% | $91 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,579 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $549,046 would pay approximately $3,427 per month (principal and interest only, excluding taxes and insurance).