1101 BIT LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $218,464 and $635,684, with a best estimate of $492,102. 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
$492,102
$727,674
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $218,464 and $635,684 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$5,392 for 21 sqft more living space and +$3,767 for being newer. Net adjustment: +$9,159.
Adjusted -$19,256 for 75 sqft less living space and +$3,767 for being newer. Net adjustment: -$15,489.
Adjusted -$279,858 for 1,090 sqft less living space and -$45,198 for being older. Net adjustment: -$325,056.
Adjusted -$58,282 for 227 sqft less living space and +$3,767 for being newer. Net adjustment: -$54,515.
Adjusted +$49,296 for 192 sqft more living space and +$7,533 for being newer. Net adjustment: +$56,829.
The Neighborhood
This home is valued 25.8% 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 +25.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,416 across all districts. With a homestead exemption claimed, that drops to $12,734 — saving $1,682 per year. That's $1,061 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% | $7,909 |
| Williamson County | County | 0.3694% | $2,688 |
| Cedar Park | City | 0.3600% | $2,620 |
| Austin Community College | special | 0.1034% | $752 |
| Williamson County FM/Rd | County | 0.0443% | $323 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,416 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,102 would pay approximately $3,072 per month (principal and interest only, excluding taxes and insurance).