1508 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $465,571 and $585,083, with a best estimate of $478,676. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$478,676
$519,653
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $465,571 and $585,083. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$51,390 for 188 sqft less living space and +$9,039 for being newer. Net adjustment: -$42,351.
Adjusted +$51,937 for 190 sqft more living space and -$9,039 for being older. Net adjustment: +$42,898.
Adjusted -$39,909 for 146 sqft less living space. Net adjustment: -$39,909.
Adjusted -$21,595 for 79 sqft less living space. Net adjustment: -$21,595.
Adjusted +$12,027 for 44 sqft more living space. Net adjustment: +$12,027.
The Neighborhood
This home is valued 34.6% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
above averageThis home is +34.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,295 across all districts. With a homestead exemption claimed, that drops to $8,658 — saving $1,637 per year. That's $722 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% | $5,648 |
| Williamson County | County | 0.3694% | $1,920 |
| Cedar Park | City | 0.3600% | $1,871 |
| Austin Community College | special | 0.1034% | $537 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,295 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $478,676 would pay approximately $2,988 per month (principal and interest only, excluding taxes and insurance).