1215 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $366,350 and $720,585, with a best estimate of $393,408. 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
$393,408
$440,492
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 $366,350 and $720,585. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,335 for 100 sqft less living space. Net adjustment: -$27,335.
Adjusted +$174,125 for 637 sqft more living space and -$18,077 for being older. Net adjustment: +$156,048.
Adjusted +$3,007 for 11 sqft more living space and -$18,077 for being older. Net adjustment: -$15,070.
Adjusted -$47,290 for 173 sqft less living space and +$9,039 for being newer. Net adjustment: -$38,251.
Adjusted -$95,673 for 350 sqft less living space and -$9,039 for being older. Net adjustment: -$104,712.
The Neighborhood
This home is valued 14.1% 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
typicalThis home is +14.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,726 across all districts. With a homestead exemption claimed, that drops to $7,105 — saving $1,621 per year. That's $592 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% | $4,788 |
| Williamson County | County | 0.3694% | $1,627 |
| Cedar Park | City | 0.3600% | $1,586 |
| Austin Community College | special | 0.1034% | $455 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,726 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,408 would pay approximately $2,456 per month (principal and interest only, excluding taxes and insurance).