1509 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $400,822 and $474,952, with a best estimate of $455,458. 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
$455,458
$750,186
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $400,822 and $474,952. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,229 for 145 sqft less living space and -$7,533 for being older. Net adjustment: -$44,762.
Adjusted -$103,984 for 405 sqft less living space and +$11,300 for being newer. Net adjustment: -$92,684.
Adjusted -$201,293 for 784 sqft less living space and +$3,767 for being newer. Net adjustment: -$197,526.
Adjusted +$34,661 for 135 sqft more living space and -$3,767 for being older. Net adjustment: +$30,894.
Adjusted -$12,838 for 50 sqft less living space and -$41,432 for being older. Net adjustment: -$54,270.
The Neighborhood
This home is valued 29.7% 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 +29.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,862 across all districts. With a homestead exemption claimed, that drops to $13,175 — saving $1,687 per year. That's $1,098 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% | $8,154 |
| Williamson County | County | 0.3694% | $2,772 |
| Cedar Park | City | 0.3600% | $2,701 |
| Austin Community College | special | 0.1034% | $776 |
| Williamson County FM/Rd | County | 0.0443% | $333 |
| Upper Brushy Creek WCID | Water | 0.0170% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,862 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $455,458 would pay approximately $2,843 per month (principal and interest only, excluding taxes and insurance).