1507 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $469,425 and $785,471, with a best estimate of $711,807. That places the property above 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
$711,807
$673,226
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $469,425 and $785,471. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,959 for 31 sqft less living space and -$22,599 for being older. Net adjustment: -$30,558.
Adjusted +$152,253 for 593 sqft more living space and +$15,066 for being newer. Net adjustment: +$167,319.
Adjusted +$124,267 for 484 sqft more living space and +$15,066 for being newer. Net adjustment: +$139,333.
Adjusted +$33,121 for 129 sqft more living space and +$15,066 for being newer. Net adjustment: +$48,187.
Adjusted -$42,621 for 166 sqft less living space and -$15,066 for being older. Net adjustment: -$57,687.
The Neighborhood
This home is valued 16.4% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
above averageThis home is +16.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,337 across all districts. With a homestead exemption claimed, that drops to $11,667 — saving $1,670 per year. That's $972 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% | $7,317 |
| Williamson County | County | 0.3694% | $2,487 |
| Cedar Park | City | 0.3600% | $2,424 |
| Austin Community College | special | 0.1034% | $696 |
| Williamson County FM/Rd | County | 0.0443% | $298 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,337 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $711,807 would pay approximately $4,443 per month (principal and interest only, excluding taxes and insurance).