1406 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $373,205 and $553,356, with a best estimate of $466,755. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$466,755
$455,000
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $373,205 and $553,356 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$34,676 for 151 sqft less living space. Net adjustment: -$34,676.
Adjusted -$4,822 for 21 sqft less living space and -$1,862 for being older. Net adjustment: -$6,684.
Adjusted -$36,513 for 159 sqft less living space and -$5,585 for being older. Net adjustment: -$42,098.
Adjusted +$10,564 for 46 sqft more living space and -$5,585 for being older. Net adjustment: +$4,979.
Adjusted -$62,922 for 274 sqft less living space and -$3,723 for being older. Net adjustment: -$66,645.
The Neighborhood
This home is valued 2.6% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -2.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,014 across all districts. With a homestead exemption claimed, that drops to $7,390 — saving $1,624 per year. That's $616 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% | $4,945 |
| Williamson County | County | 0.3694% | $1,681 |
| Cedar Park | City | 0.3600% | $1,638 |
| Austin Community College | special | 0.1034% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,014 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $466,755 would pay approximately $2,913 per month (principal and interest only, excluding taxes and insurance).