1201 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $322,824 and $763,097, with a best estimate of $384,049. 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
$384,049
$504,972
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $322,824 and $763,097 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$40,876 for 178 sqft less living space and +$1,997 for having a pool. Net adjustment: -$38,879.
Adjusted +$67,285 for 293 sqft more living space and +$1,997 for having a pool. Net adjustment: +$69,282.
Adjusted +$12,630 for 55 sqft more living space and -$1,862 for being older and +$1,997 for having a pool. Net adjustment: +$12,765.
Adjusted -$75,323 for 328 sqft less living space and +$1,997 for having a pool. Net adjustment: -$73,326.
Adjusted -$82,212 for 358 sqft less living space and +$1,997 for having a pool. Net adjustment: -$80,215.
The Neighborhood
This home is valued 8.1% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is +8.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,004 across all districts. With a homestead exemption claimed, that drops to $8,371 — saving $1,633 per year. That's $698 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% | $5,489 |
| Williamson County | County | 0.3694% | $1,866 |
| Cedar Park | City | 0.3600% | $1,818 |
| Austin Community College | special | 0.1034% | $522 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,004 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,049 would pay approximately $2,397 per month (principal and interest only, excluding taxes and insurance).