1124 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $342,350 and $696,584, with a best estimate of $369,407. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$369,407
$420,817
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 $342,350 and $696,584. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$78,452 for 287 sqft less living space and +$27,116 for being newer. Net adjustment: -$51,336.
Adjusted +$123,008 for 450 sqft more living space and +$9,039 for being newer. Net adjustment: +$132,047.
Adjusted -$48,110 for 176 sqft less living space and +$9,039 for being newer. Net adjustment: -$39,071.
Adjusted -$98,406 for 360 sqft less living space and +$36,155 for being newer. Net adjustment: -$62,251.
Adjusted -$146,789 for 537 sqft less living space and +$18,077 for being newer. Net adjustment: -$128,712.
The Neighborhood
This home is valued 9.0% 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
typicalThis home is +9.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,337 across all districts. With a homestead exemption claimed, that drops to $6,719 — saving $1,618 per year. That's $560 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% | $4,574 |
| Williamson County | County | 0.3694% | $1,555 |
| Cedar Park | City | 0.3600% | $1,515 |
| Austin Community College | special | 0.1034% | $435 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,337 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $369,407 would pay approximately $2,306 per month (principal and interest only, excluding taxes and insurance).