1504 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $342,628 and $714,837, with a best estimate of $483,573. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$483,573
$438,368
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $342,628 and $714,837 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$53,507 for 233 sqft less living space and -$3,723 for being older. Net adjustment: -$57,230.
Adjusted +$160,061 for 697 sqft more living space and -$5,585 for being older. Net adjustment: +$154,476.
Adjusted +$56,951 for 248 sqft more living space and -$1,862 for being older. Net adjustment: +$55,089.
Adjusted +$52,129 for 227 sqft more living space and -$3,723 for being older. Net adjustment: +$48,406.
Adjusted -$26,409 for 115 sqft less living space and -$5,585 for being older. Net adjustment: -$31,994.
The Neighborhood
This home is valued 6.2% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -6.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,684 across all districts. With a homestead exemption claimed, that drops to $7,064 — saving $1,620 per year. That's $589 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% | $4,765 |
| Williamson County | County | 0.3694% | $1,620 |
| Cedar Park | City | 0.3600% | $1,578 |
| Austin Community College | special | 0.1034% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,684 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $483,573 would pay approximately $3,018 per month (principal and interest only, excluding taxes and insurance).