703 TIMBER TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $326,969 and $494,075, with a best estimate of $373,287. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$373,287
$359,309
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 $326,969 and $494,075. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,836 for 175 sqft more living space and -$9,039 for being older. Net adjustment: +$38,797.
Adjusted +$6,560 for 24 sqft more living space and -$36,155 for being older. Net adjustment: -$29,595.
Adjusted +$32,255 for 118 sqft more living space and -$72,310 for being older. Net adjustment: -$40,055.
Adjusted +$7,927 for 29 sqft more living space. Net adjustment: +$7,927.
Adjusted +$34,442 for 126 sqft more living space. Net adjustment: +$34,442.
The Neighborhood
This home is valued 6.9% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -6.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,118 across all districts. With a homestead exemption claimed, that drops to $5,512 — saving $1,606 per year. That's $459 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% | $3,905 |
| Williamson County | County | 0.3694% | $1,327 |
| Cedar Park | City | 0.3600% | $1,294 |
| Austin Community College | special | 0.1034% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,118 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $373,287 would pay approximately $2,330 per month (principal and interest only, excluding taxes and insurance).