615 PENNY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $319,455 and $335,131, with a best estimate of $325,395. 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
$325,395
$336,627
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 $319,455 and $335,131. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,021 for 33 sqft more living space. Net adjustment: +$9,021.
Adjusted +$9,021 for 33 sqft more living space. Net adjustment: +$9,021.
This comparable closely matches the subject property's features.
Adjusted +$6,834 for 25 sqft more living space. Net adjustment: +$6,834.
Adjusted +$4,920 for 18 sqft more living space. Net adjustment: +$4,920.
The Neighborhood
This home is valued 12.8% 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 -12.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,669 across all districts. With a homestead exemption claimed, that drops to $5,067 — saving $1,602 per year. That's $422 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% | $3,659 |
| Williamson County | County | 0.3694% | $1,244 |
| Cedar Park | City | 0.3600% | $1,212 |
| Austin Community College | special | 0.1034% | $348 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,669 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $325,395 would pay approximately $2,031 per month (principal and interest only, excluding taxes and insurance).