1505 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $521,940 and $781,279, with a best estimate of $669,034. That places the property above 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
$669,034
$496,888
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 $521,940 and $781,279. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,959 for 31 sqft less living space and +$3,767 for being newer. Net adjustment: -$4,192.
Adjusted +$144,294 for 562 sqft more living space and +$18,833 for being newer. Net adjustment: +$163,127.
Adjusted +$1,797 for 7 sqft more living space and -$15,066 for being older. Net adjustment: -$13,269.
Adjusted +$116,308 for 453 sqft more living space and +$18,833 for being newer. Net adjustment: +$135,141.
Adjusted +$25,162 for 98 sqft more living space and +$18,833 for being newer. Net adjustment: +$43,995.
The Neighborhood
This home is valued 14.1% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. 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% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,844 across all districts. With a homestead exemption claimed, that drops to $8,212 — saving $1,632 per year. That's $684 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% | $5,401 |
| Williamson County | County | 0.3694% | $1,836 |
| Cedar Park | City | 0.3600% | $1,789 |
| Austin Community College | special | 0.1034% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,844 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $669,034 would pay approximately $4,176 per month (principal and interest only, excluding taxes and insurance).