1501 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $185,276 and $628,819, with a best estimate of $510,597. 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
$510,597
$544,450
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 $185,276 and $628,819. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,654 for 28 sqft less living space and +$9,039 for being newer. Net adjustment: +$1,385.
Adjusted +$95,673 for 350 sqft more living space and -$9,039 for being older. Net adjustment: +$86,634.
Adjusted +$3,827 for 14 sqft more living space. Net adjustment: +$3,827.
Adjusted +$22,141 for 81 sqft more living space. Net adjustment: +$22,141.
Adjusted -$338,955 for 1,240 sqft less living space. Net adjustment: -$338,955.
The Neighborhood
This home is valued 41.0% 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
above averageThis home is +41.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,786 across all districts. With a homestead exemption claimed, that drops to $9,144 — saving $1,642 per year. That's $762 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% | $5,918 |
| Williamson County | County | 0.3694% | $2,011 |
| Cedar Park | City | 0.3600% | $1,960 |
| Austin Community College | special | 0.1034% | $563 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,786 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $510,597 would pay approximately $3,187 per month (principal and interest only, excluding taxes and insurance).