1505 DEER LEDGE TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $452,207 and $724,992, with a best estimate of $468,941. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$468,941
$412,568
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 $452,207 and $724,992. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,374 for 16 sqft less living space and +$72,310 for being newer. Net adjustment: +$67,936.
Adjusted -$35,809 for 131 sqft less living space and +$99,426 for being newer. Net adjustment: +$63,617.
Adjusted -$37,996 for 139 sqft less living space and +$63,271 for being newer. Net adjustment: +$25,275.
Adjusted +$166,471 for 609 sqft more living space and +$72,310 for being newer. Net adjustment: +$238,781.
Adjusted -$33,896 for 124 sqft less living space and +$72,310 for being newer. Net adjustment: +$38,414.
The Neighborhood
This home is valued 6.9% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is +6.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,173 across all districts. With a homestead exemption claimed, that drops to $6,557 — saving $1,616 per year. That's $546 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% | $4,484 |
| Williamson County | County | 0.3694% | $1,524 |
| Cedar Park | City | 0.3600% | $1,485 |
| Austin Community College | special | 0.1034% | $427 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,173 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,941 would pay approximately $2,927 per month (principal and interest only, excluding taxes and insurance).