1243 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $482,561 and $549,064, with a best estimate of $509,618. 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
$509,618
$505,074
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 $482,561 and $549,064. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,798 for 259 sqft more living space and +$18,077 for being newer. Net adjustment: +$88,875.
Adjusted +$101,140 for 370 sqft more living space. Net adjustment: +$101,140.
Adjusted +$50,843 for 186 sqft more living space and +$27,116 for being newer. Net adjustment: +$77,959.
Adjusted +$2,460 for 9 sqft more living space and +$9,039 for being newer. Net adjustment: +$11,499.
Adjusted +$111,254 for 407 sqft more living space and +$27,116 for being newer. Net adjustment: +$138,370.
The Neighborhood
This home is valued 30.8% 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 +30.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,006 across all districts. With a homestead exemption claimed, that drops to $8,373 — saving $1,633 per year. That's $698 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% | $5,490 |
| Williamson County | County | 0.3694% | $1,866 |
| Cedar Park | City | 0.3600% | $1,818 |
| Austin Community College | special | 0.1034% | $522 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,006 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $509,618 would pay approximately $3,181 per month (principal and interest only, excluding taxes and insurance).