1501 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $458,482 and $573,317, with a best estimate of $479,631. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$479,631
$512,470
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $458,482 and $573,317 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$15,616 for 68 sqft more living space. Net adjustment: +$15,616.
Adjusted -$44,321 for 193 sqft less living space and -$3,723 for being older. Net adjustment: -$48,044.
Adjusted -$23,883 for 104 sqft less living space and -$1,862 for being older. Net adjustment: -$25,745.
Adjusted -$3,904 for 17 sqft less living space. Net adjustment: -$3,904.
Adjusted +$72,108 for 314 sqft more living space and +$5,585 for being newer. Net adjustment: +$77,693.
The Neighborhood
This home is valued 9.7% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,152 across all districts. With a homestead exemption claimed, that drops to $8,518 — saving $1,634 per year. That's $710 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% | $5,570 |
| Williamson County | County | 0.3694% | $1,893 |
| Cedar Park | City | 0.3600% | $1,845 |
| Austin Community College | special | 0.1034% | $530 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,152 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $479,631 would pay approximately $2,994 per month (principal and interest only, excluding taxes and insurance).