1603 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $506,770 and $624,992, with a best estimate of $556,222. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$556,222
$505,480
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 $506,770 and $624,992. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,481 for 42 sqft less living space and +$9,039 for being newer. Net adjustment: -$2,442.
Adjusted +$91,846 for 336 sqft more living space and -$9,039 for being older. Net adjustment: +$82,807.
Adjusted +$18,315 for 67 sqft more living space. Net adjustment: +$18,315.
Adjusted +$51,937 for 190 sqft more living space. Net adjustment: +$51,937.
Adjusted -$126,288 for 462 sqft less living space and +$9,039 for being newer. Net adjustment: -$117,249.
The Neighborhood
This home is valued 30.9% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +30.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,014 across all districts. With a homestead exemption claimed, that drops to $8,381 — saving $1,633 per year. That's $698 per month a buyer should budget. The assessed value increased +3.9% vs the subdivision average of -2.8%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,494 |
| Williamson County | County | 0.3694% | $1,867 |
| Cedar Park | City | 0.3600% | $1,820 |
| Austin Community College | special | 0.1034% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,014 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,222 would pay approximately $3,472 per month (principal and interest only, excluding taxes and insurance).