2008 NELSON RANCH LOOP, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $465,128 and $773,839, with a best estimate of $657,948. That places the property above 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
$657,948
$760,949
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 $465,128 and $773,839. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$165,348 for 644 sqft less living space and +$22,599 for being newer. Net adjustment: -$142,749.
Adjusted -$11,811 for 46 sqft less living space and +$18,833 for being newer. Net adjustment: +$7,022.
Adjusted +$109,633 for 427 sqft more living space and +$22,599 for being newer. Net adjustment: +$132,232.
Adjusted +$62,134 for 242 sqft more living space. Net adjustment: +$62,134.
Adjusted +$47,756 for 186 sqft more living space and -$3,767 for being older. Net adjustment: +$43,989.
The Neighborhood
This home is valued 31.5% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
above averageThis home is +31.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,075 across all districts. With a homestead exemption claimed, that drops to $13,385 — saving $1,690 per year. That's $1,115 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% | $8,271 |
| Williamson County | County | 0.3694% | $2,811 |
| Cedar Park | City | 0.3600% | $2,739 |
| Austin Community College | special | 0.1034% | $787 |
| Williamson County FM/Rd | County | 0.0443% | $337 |
| Upper Brushy Creek WCID | Water | 0.0170% | $129 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,075 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $657,948 would pay approximately $4,107 per month (principal and interest only, excluding taxes and insurance).