505 TWIN OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $240,867 and $378,179, with a best estimate of $324,089. 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
$324,089
$335,964
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 $240,867 and $378,179. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$146,516 for 536 sqft less living space. Net adjustment: -$146,516.
Adjusted -$9,567 for 35 sqft less living space and -$18,077 for being older. Net adjustment: -$27,644.
Adjusted -$111,254 for 407 sqft less living space and -$54,232 for being older. Net adjustment: -$165,486.
Adjusted -$58,224 for 213 sqft less living space and -$18,077 for being older. Net adjustment: -$76,301.
Adjusted -$17,768 for 65 sqft less living space. Net adjustment: -$17,768.
The Neighborhood
This home is valued 13.0% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -13.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,407 across all districts. With a homestead exemption claimed, that drops to $4,808 — saving $1,599 per year. That's $401 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% | $3,515 |
| Williamson County | County | 0.3694% | $1,195 |
| Cedar Park | City | 0.3600% | $1,164 |
| Austin Community College | special | 0.1034% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,407 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,089 would pay approximately $2,023 per month (principal and interest only, excluding taxes and insurance).