500 MADISONS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $636,025 and $839,339, with a best estimate of $723,218. That places the property above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$723,218
$582,838
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $636,025 and $839,339. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$96,795 for 377 sqft more living space and -$18,833 for being older. Net adjustment: +$77,962.
Adjusted +$134,537 for 524 sqft more living space and -$15,066 for being older. Net adjustment: +$119,471.
Adjusted +$230,049 for 896 sqft more living space and -$3,767 for being older. Net adjustment: +$226,282.
Adjusted +$233,130 for 908 sqft more living space and -$3,767 for being older. Net adjustment: +$229,363.
Adjusted +$145,321 for 566 sqft more living space and -$11,300 for being older. Net adjustment: +$134,021.
The Neighborhood
This home is in line with the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,546 across all districts. With a homestead exemption claimed, that drops to $9,896 — saving $1,650 per year. That's $825 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% | $6,335 |
| Williamson County | County | 0.3694% | $2,153 |
| Cedar Park | City | 0.3600% | $2,098 |
| Austin Community College | special | 0.1034% | $603 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Upper Brushy Creek WCID | Water | 0.0170% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,546 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $723,218 would pay approximately $4,514 per month (principal and interest only, excluding taxes and insurance).