1613 MICHAEL ROBERT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $307,965 and $720,777, with a best estimate of $443,027. 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
$443,027
$552,800
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $307,965 and $720,777. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$178,699 for 696 sqft less living space and +$3,767 for being newer. Net adjustment: -$174,932.
Adjusted -$14,378 for 56 sqft less living space. Net adjustment: -$14,378.
Adjusted -$104,241 for 406 sqft less living space. Net adjustment: -$104,241.
Adjusted -$86,782 for 338 sqft less living space. Net adjustment: -$86,782.
Adjusted +$112,200 for 437 sqft more living space. Net adjustment: +$112,200.
The Neighborhood
This home is valued 4.4% 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
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,951 across all districts. With a homestead exemption claimed, that drops to $9,308 — saving $1,643 per year. That's $776 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% | $6,008 |
| Williamson County | County | 0.3694% | $2,042 |
| Cedar Park | City | 0.3600% | $1,990 |
| Austin Community College | special | 0.1034% | $572 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,951 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $443,027 would pay approximately $2,765 per month (principal and interest only, excluding taxes and insurance).