1504 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $477,833 and $518,540, with a best estimate of $506,552. 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
$506,552
$430,949
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $477,833 and $518,540. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$37,486 for 146 sqft more living space and +$3,767 for being newer. Net adjustment: +$41,253.
Adjusted +$1,027 for 4 sqft more living space and +$7,533 for being newer. Net adjustment: +$8,560.
Adjusted -$5,392 for 21 sqft less living space and +$3,767 for being newer. Net adjustment: -$1,625.
Adjusted -$95,511 for 372 sqft less living space and -$3,767 for being older. Net adjustment: -$99,278.
Adjusted -$35,432 for 138 sqft less living space and +$3,767 for being newer. Net adjustment: -$31,665.
The Neighborhood
This home is valued 25.5% 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 -25.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,537 across all districts. With a homestead exemption claimed, that drops to $6,918 — saving $1,619 per year. That's $577 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% | $4,684 |
| Williamson County | County | 0.3694% | $1,592 |
| Cedar Park | City | 0.3600% | $1,551 |
| Austin Community College | special | 0.1034% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,537 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,552 would pay approximately $3,162 per month (principal and interest only, excluding taxes and insurance).