1508 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $445,041 and $580,837, with a best estimate of $518,705. 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
$518,705
$581,249
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $445,041 and $580,837. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$115,538 for 450 sqft more living space. Net adjustment: +$115,538.
Adjusted -$103,214 for 402 sqft less living space and +$3,767 for being newer. Net adjustment: -$99,447.
Adjusted -$17,459 for 68 sqft less living space and -$7,533 for being older. Net adjustment: -$24,992.
Adjusted -$20,027 for 78 sqft less living space and +$7,533 for being newer. Net adjustment: -$12,494.
Adjusted -$131,200 for 511 sqft less living space and +$3,767 for being newer. Net adjustment: -$127,433.
The Neighborhood
This home is in line with the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. 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 +0.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,515 across all districts. With a homestead exemption claimed, that drops to $9,865 — saving $1,650 per year. That's $822 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% | $6,318 |
| Williamson County | County | 0.3694% | $2,147 |
| Cedar Park | City | 0.3600% | $2,092 |
| Austin Community College | special | 0.1034% | $601 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Upper Brushy Creek WCID | Water | 0.0170% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,515 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $518,705 would pay approximately $3,238 per month (principal and interest only, excluding taxes and insurance).