2005 BURNIE BISHOP PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $478,222 and $684,962, with a best estimate of $487,456. 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
$487,456
$497,845
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 $478,222 and $684,962. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,905 for 23 sqft less living space and +$7,533 for being newer. Net adjustment: +$1,628.
Adjusted +$24,905 for 97 sqft more living space. Net adjustment: +$24,905.
Adjusted -$1,541 for 6 sqft less living space and +$7,533 for being newer. Net adjustment: +$5,992.
Adjusted +$152,767 for 595 sqft more living space. Net adjustment: +$152,767.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 13.9% 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 -13.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,863 across all districts. With a homestead exemption claimed, that drops to $8,231 — saving $1,632 per year. That's $686 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% | $5,411 |
| Williamson County | County | 0.3694% | $1,839 |
| Cedar Park | City | 0.3600% | $1,792 |
| Austin Community College | special | 0.1034% | $515 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,863 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,456 would pay approximately $3,043 per month (principal and interest only, excluding taxes and insurance).