1504 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $425,208 and $597,662, with a best estimate of $459,502. 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
$459,502
$800,055
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 $425,208 and $597,662. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$30,810 for 120 sqft less living space and +$26,366 for being newer. Net adjustment: -$4,444.
Adjusted -$78,052 for 304 sqft less living space and -$7,533 for being older. Net adjustment: -$85,585.
Adjusted -$116,308 for 453 sqft less living space and +$45,198 for being newer. Net adjustment: -$71,110.
Adjusted -$56,485 for 220 sqft less living space and +$37,665 for being newer. Net adjustment: -$18,820.
Adjusted +$7,446 for 29 sqft more living space and +$48,965 for being newer. Net adjustment: +$56,411.
The Neighborhood
This home is valued 38.3% 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 +38.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,850 across all districts. With a homestead exemption claimed, that drops to $14,151 — saving $1,699 per year. That's $1,179 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% | $8,696 |
| Williamson County | County | 0.3694% | $2,956 |
| Cedar Park | City | 0.3600% | $2,880 |
| Austin Community College | special | 0.1034% | $827 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Upper Brushy Creek WCID | Water | 0.0170% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,850 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $459,502 would pay approximately $2,868 per month (principal and interest only, excluding taxes and insurance).