1616 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $402,420 and $550,206, with a best estimate of $538,216. That places the property below 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
$538,216
$530,360
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $402,420 and $550,206. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$72,917 for 284 sqft more living space. Net adjustment: +$72,917.
Adjusted +$36,459 for 142 sqft more living space and +$3,767 for being newer. Net adjustment: +$40,226.
Adjusted +$30,040 for 117 sqft more living space. Net adjustment: +$30,040.
Adjusted -$145,835 for 568 sqft less living space and +$3,767 for being newer. Net adjustment: -$142,068.
Adjusted -$60,080 for 234 sqft less living space and -$7,533 for being older. Net adjustment: -$67,613.
The Neighborhood
This home is valued 8.3% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. 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 -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,507 across all districts. With a homestead exemption claimed, that drops to $8,868 — saving $1,639 per year. That's $739 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% | $5,764 |
| Williamson County | County | 0.3694% | $1,959 |
| Cedar Park | City | 0.3600% | $1,909 |
| Austin Community College | special | 0.1034% | $548 |
| Williamson County FM/Rd | County | 0.0443% | $235 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,507 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $538,216 would pay approximately $3,360 per month (principal and interest only, excluding taxes and insurance).