406 OAKRIDGE PASS, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $338,738 and $394,743, with a best estimate of $357,548. 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
$357,548
$353,305
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 $338,738 and $394,743. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,280 for 12 sqft less living space and -$9,039 for being older. Net adjustment: -$12,319.
Adjusted +$4,920 for 18 sqft more living space and -$9,039 for being older. Net adjustment: -$4,119.
Adjusted +$27,335 for 100 sqft more living space and +$9,039 for being newer. Net adjustment: +$36,374.
Adjusted +$44,556 for 163 sqft more living space and +$9,039 for being newer. Net adjustment: +$53,595.
Adjusted -$19,135 for 70 sqft less living space and +$9,039 for being newer. Net adjustment: -$10,096.
The Neighborhood
This home is valued 8.5% 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 -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,999 across all districts. With a homestead exemption claimed, that drops to $5,394 — saving $1,605 per year. That's $450 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% | $3,840 |
| Williamson County | County | 0.3694% | $1,305 |
| Cedar Park | City | 0.3600% | $1,272 |
| Austin Community College | special | 0.1034% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,999 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $357,548 would pay approximately $2,232 per month (principal and interest only, excluding taxes and insurance).