1203 FOREST TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $394,716 and $521,096, with a best estimate of $516,408. 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
$516,408
$483,439
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 $394,716 and $521,096. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,920 for 18 sqft less living space and +$54,232 for being newer. Net adjustment: +$49,312.
Adjusted +$143,236 for 524 sqft more living space and -$9,039 for being older. Net adjustment: +$134,197.
Adjusted +$17,221 for 63 sqft more living space and -$9,039 for being older. Net adjustment: +$8,182.
Adjusted +$10,387 for 38 sqft more living space and +$54,232 for being newer. Net adjustment: +$64,619.
Adjusted +$16,948 for 62 sqft more living space and -$9,039 for being older. Net adjustment: +$7,909.
The Neighborhood
This home is valued 25.2% 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 +25.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,577 across all districts. With a homestead exemption claimed, that drops to $7,948 — saving $1,629 per year. That's $662 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% | $5,254 |
| Williamson County | County | 0.3694% | $1,786 |
| Cedar Park | City | 0.3600% | $1,740 |
| Austin Community College | special | 0.1034% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,577 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,408 would pay approximately $3,223 per month (principal and interest only, excluding taxes and insurance).