505 FERN CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $356,556 and $613,057, with a best estimate of $540,753. 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
$540,753
$496,936
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $356,556 and $613,057. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$24,905 for 97 sqft more living space and -$30,132 for being older. Net adjustment: -$5,227.
Adjusted +$22,851 for 89 sqft more living space and -$30,132 for being older. Net adjustment: -$7,281.
Adjusted -$95,511 for 372 sqft less living space and -$11,300 for being older. Net adjustment: -$106,811.
Adjusted +$3,081 for 12 sqft more living space. Net adjustment: +$3,081.
Adjusted -$230,049 for 896 sqft less living space and +$3,767 for being newer. Net adjustment: -$226,282.
The Neighborhood
This home is valued 14.1% 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 -14.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,845 across all districts. With a homestead exemption claimed, that drops to $8,213 — saving $1,632 per year. That's $684 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% | $5,401 |
| Williamson County | County | 0.3694% | $1,836 |
| Cedar Park | City | 0.3600% | $1,789 |
| Austin Community College | special | 0.1034% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,845 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $540,753 would pay approximately $3,375 per month (principal and interest only, excluding taxes and insurance).