1204 RED BUD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $342,372 and $815,203, with a best estimate of $453,654. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$453,654
$496,556
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 $342,372 and $815,203. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$22,886 for 81 sqft less living space and +$5,513 for being newer. Net adjustment: -$17,373.
Adjusted +$253,437 for 897 sqft more living space and -$5,513 for being older. Net adjustment: +$247,924.
Adjusted +$10,736 for 38 sqft more living space and -$56,970 for being older. Net adjustment: -$46,234.
Adjusted -$63,006 for 223 sqft less living space and -$33,079 for being older. Net adjustment: -$96,085.
Adjusted +$196,929 for 697 sqft more living space and -$49,619 for being older. Net adjustment: +$147,310.
The Neighborhood
This home is in line with the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,705 across all districts. With a homestead exemption claimed, that drops to $8,075 — saving $1,630 per year. That's $673 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% | $5,325 |
| Williamson County | County | 0.3694% | $1,810 |
| Cedar Park | City | 0.3600% | $1,764 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,705 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,654 would pay approximately $2,832 per month (principal and interest only, excluding taxes and insurance).