1507 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $341,434 and $854,706, with a best estimate of $502,354. 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
$502,354
$659,750
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 $341,434 and $854,706. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$51,864 for 202 sqft less living space and +$30,132 for being newer. Net adjustment: -$21,732.
Adjusted +$21,567 for 84 sqft more living space and +$52,731 for being newer. Net adjustment: +$74,298.
Adjusted -$279,858 for 1,090 sqft less living space and +$45,198 for being newer. Net adjustment: -$234,660.
Adjusted +$4,108 for 16 sqft more living space and +$37,665 for being newer. Net adjustment: +$41,773.
Adjusted +$151,483 for 590 sqft more living space and +$37,665 for being newer. Net adjustment: +$189,148.
The Neighborhood
This home is valued 14.1% 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
typicalThis home is +14.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,070 across all districts. With a homestead exemption claimed, that drops to $11,403 — saving $1,667 per year. That's $950 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% | $7,171 |
| Williamson County | County | 0.3694% | $2,437 |
| Cedar Park | City | 0.3600% | $2,375 |
| Austin Community College | special | 0.1034% | $682 |
| Williamson County FM/Rd | County | 0.0443% | $292 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,070 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $502,354 would pay approximately $3,136 per month (principal and interest only, excluding taxes and insurance).