1505 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $456,018 and $973,295, with a best estimate of $660,106. 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
$660,106
$696,733
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 $456,018 and $973,295. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,959 for 31 sqft less living space and +$33,899 for being newer. Net adjustment: +$25,940.
Adjusted +$94,998 for 370 sqft more living space and +$48,965 for being newer. Net adjustment: +$143,963.
Adjusted -$122,984 for 479 sqft less living space and -$3,767 for being older. Net adjustment: -$126,751.
Adjusted -$109,376 for 426 sqft less living space and +$41,432 for being newer. Net adjustment: -$67,944.
Adjusted -$106,038 for 413 sqft less living space and -$33,899 for being older. Net adjustment: -$139,937.
The Neighborhood
This home is valued 20.4% 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 +20.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,803 across all districts. With a homestead exemption claimed, that drops to $12,127 — saving $1,676 per year. That's $1,011 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% | $7,573 |
| Williamson County | County | 0.3694% | $2,574 |
| Cedar Park | City | 0.3600% | $2,508 |
| Austin Community College | special | 0.1034% | $720 |
| Williamson County FM/Rd | County | 0.0443% | $309 |
| Upper Brushy Creek WCID | Water | 0.0170% | $118 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,803 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $660,106 would pay approximately $4,120 per month (principal and interest only, excluding taxes and insurance).