1606 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $335,824 and $701,507, with a best estimate of $557,516. 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
$557,516
$623,325
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 $335,824 and $701,507. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$8,986 for 35 sqft more living space and +$3,767 for being newer. Net adjustment: +$12,753.
Adjusted +$105,011 for 409 sqft more living space and -$7,533 for being older. Net adjustment: +$97,478.
Adjusted +$143,781 for 560 sqft more living space and -$30,132 for being older. Net adjustment: +$113,649.
Adjusted -$99,106 for 386 sqft less living space and -$48,965 for being older. Net adjustment: -$148,071.
Adjusted -$43,648 for 170 sqft less living space. Net adjustment: -$43,648.
The Neighborhood
This home is valued 7.8% 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 +7.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,349 across all districts. With a homestead exemption claimed, that drops to $10,689 — saving $1,660 per year. That's $891 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% | $6,775 |
| Williamson County | County | 0.3694% | $2,303 |
| Cedar Park | City | 0.3600% | $2,244 |
| Austin Community College | special | 0.1034% | $645 |
| Williamson County FM/Rd | County | 0.0443% | $276 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,349 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,516 would pay approximately $3,480 per month (principal and interest only, excluding taxes and insurance).