1120 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $431,426 and $785,659, with a best estimate of $458,484. 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
$458,484
$428,723
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 $431,426 and $785,659. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$28,702 for 105 sqft more living space and +$9,039 for being newer. Net adjustment: +$37,741.
Adjusted +$230,161 for 842 sqft more living space and -$9,039 for being older. Net adjustment: +$221,122.
Adjusted +$59,044 for 216 sqft more living space and -$9,039 for being older. Net adjustment: +$50,005.
Adjusted +$8,747 for 32 sqft more living space and +$18,077 for being newer. Net adjustment: +$26,824.
Adjusted -$39,636 for 145 sqft less living space. Net adjustment: -$39,636.
The Neighborhood
This home is valued 11.1% 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 +11.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,493 across all districts. With a homestead exemption claimed, that drops to $6,874 — saving $1,619 per year. That's $573 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% | $4,660 |
| Williamson County | County | 0.3694% | $1,584 |
| Cedar Park | City | 0.3600% | $1,543 |
| Austin Community College | special | 0.1034% | $443 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,493 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $458,484 would pay approximately $2,862 per month (principal and interest only, excluding taxes and insurance).