1504 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $227,139 and $425,005, with a best estimate of $243,715. 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
$243,715
$425,664
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $227,139 and $425,005 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$14,121 for 55 sqft less living space and +$3,767 for being newer. Net adjustment: -$10,354.
Adjusted +$12,067 for 47 sqft more living space and +$45,198 for being newer. Net adjustment: +$57,265.
Adjusted -$88,579 for 345 sqft less living space. Net adjustment: -$88,579.
Adjusted -$85,241 for 332 sqft less living space and +$3,767 for being newer. Net adjustment: -$81,474.
Adjusted -$91,403 for 356 sqft less living space. Net adjustment: -$91,403.
The Neighborhood
This home is valued 26.4% 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
below averageThis home is -26.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,433 across all districts. With a homestead exemption claimed, that drops to $6,814 — saving $1,619 per year. That's $568 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% | $4,627 |
| Williamson County | County | 0.3694% | $1,573 |
| Cedar Park | City | 0.3600% | $1,532 |
| Austin Community College | special | 0.1034% | $440 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,433 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $243,715 would pay approximately $1,521 per month (principal and interest only, excluding taxes and insurance).