1116 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $449,422 and $551,594, with a best estimate of $489,008. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$489,008
$465,591
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $449,422 and $551,594 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$11,023 for 48 sqft more living space and -$7,446 for being older. Net adjustment: +$3,577.
Adjusted +$14,697 for 64 sqft more living space and -$5,585 for being older. Net adjustment: +$9,112.
Adjusted +$65,448 for 285 sqft more living space and -$3,723 for being older. Net adjustment: +$61,725.
Adjusted +$110,917 for 483 sqft more living space and -$5,585 for being older. Net adjustment: +$105,332.
Adjusted +$74,864 for 326 sqft more living space and -$1,862 for being older. Net adjustment: +$73,002.
The Neighborhood
This home is in line with the L369599E - Emarald Oaks median of $467,144. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -0.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,224 across all districts. With a homestead exemption claimed, that drops to $7,598 — saving $1,626 per year. That's $633 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% | $5,061 |
| Williamson County | County | 0.3694% | $1,720 |
| Cedar Park | City | 0.3600% | $1,676 |
| Austin Community College | special | 0.1034% | $481 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,224 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,008 would pay approximately $3,052 per month (principal and interest only, excluding taxes and insurance).