1202 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $467,836 and $534,340, with a best estimate of $494,894. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$494,894
$492,672
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $467,836 and $534,340. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$37,996 for 139 sqft more living space and +$36,155 for being newer. Net adjustment: +$74,151.
Adjusted +$68,338 for 250 sqft more living space and +$18,077 for being newer. Net adjustment: +$86,415.
Adjusted +$18,041 for 66 sqft more living space and +$45,194 for being newer. Net adjustment: +$63,235.
Adjusted -$30,342 for 111 sqft less living space and +$27,116 for being newer. Net adjustment: -$3,226.
Adjusted +$78,452 for 287 sqft more living space and +$45,194 for being newer. Net adjustment: +$123,646.
The Neighborhood
This home is valued 27.6% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +27.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,760 across all districts. With a homestead exemption claimed, that drops to $8,130 — saving $1,630 per year. That's $678 per month a buyer should budget. The assessed value increased +4.5% vs the subdivision average of -2.8%. This above-average increase gives a protest opportunity score of 37 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,355 |
| Williamson County | County | 0.3694% | $1,820 |
| Cedar Park | City | 0.3600% | $1,774 |
| Austin Community College | special | 0.1034% | $509 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,894 would pay approximately $3,089 per month (principal and interest only, excluding taxes and insurance).