1503 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $358,879 and $857,650, with a best estimate of $611,307. 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
$611,307
$779,896
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $358,879 and $857,650 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$22,081 for 86 sqft less living space. Net adjustment: -$22,081.
Adjusted -$5,649 for 22 sqft less living space and +$7,533 for being newer. Net adjustment: +$1,884.
Adjusted -$101,160 for 394 sqft less living space and +$45,198 for being newer. Net adjustment: -$55,962.
Adjusted -$156,875 for 611 sqft less living space and -$33,899 for being older. Net adjustment: -$190,774.
Adjusted -$151,483 for 590 sqft less living space and +$37,665 for being newer. Net adjustment: -$113,818.
The Neighborhood
This home is valued 34.8% 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 +34.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,450 across all districts. With a homestead exemption claimed, that drops to $13,757 — saving $1,693 per year. That's $1,146 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% | $8,477 |
| Williamson County | County | 0.3694% | $2,881 |
| Cedar Park | City | 0.3600% | $2,808 |
| Austin Community College | special | 0.1034% | $806 |
| Williamson County FM/Rd | County | 0.0443% | $346 |
| Upper Brushy Creek WCID | Water | 0.0170% | $133 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,450 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $611,307 would pay approximately $3,816 per month (principal and interest only, excluding taxes and insurance).