1505 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $415,358 and $635,016, with a best estimate of $467,236. 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
$467,236
$523,962
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 $415,358 and $635,016 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$14,121 for 55 sqft more living space. Net adjustment: +$14,121.
Adjusted +$101,417 for 395 sqft more living space and -$7,533 for being older. Net adjustment: +$93,884.
Adjusted +$7,959 for 31 sqft more living space. Net adjustment: +$7,959.
Adjusted -$90,633 for 353 sqft less living space and +$11,300 for being newer. Net adjustment: -$79,333.
Adjusted +$65,728 for 256 sqft more living space and -$26,366 for being older. Net adjustment: +$39,362.
The Neighborhood
This home is valued 9.4% 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 -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,380 across all districts. With a homestead exemption claimed, that drops to $8,743 — saving $1,637 per year. That's $729 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% | $5,695 |
| Williamson County | County | 0.3694% | $1,936 |
| Cedar Park | City | 0.3600% | $1,886 |
| Austin Community College | special | 0.1034% | $542 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,380 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,236 would pay approximately $2,916 per month (principal and interest only, excluding taxes and insurance).