502 MADISONS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $376,738 and $704,439, with a best estimate of $528,107. 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
$528,107
$632,495
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $376,738 and $704,439 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$8,216 for 32 sqft more living space and -$18,833 for being older. Net adjustment: -$10,617.
Adjusted -$57,255 for 223 sqft less living space and -$45,198 for being older. Net adjustment: -$102,453.
Adjusted -$23,878 for 93 sqft less living space and -$18,833 for being older. Net adjustment: -$42,711.
Adjusted -$5,392 for 21 sqft less living space and +$3,767 for being newer. Net adjustment: -$1,625.
Adjusted +$71,377 for 278 sqft more living space and +$11,300 for being newer. Net adjustment: +$82,677.
The Neighborhood
This home is valued 9.3% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. 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 +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,530 across all districts. With a homestead exemption claimed, that drops to $10,869 — saving $1,661 per year. That's $906 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% | $6,875 |
| Williamson County | County | 0.3694% | $2,337 |
| Cedar Park | City | 0.3600% | $2,277 |
| Austin Community College | special | 0.1034% | $654 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,530 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $528,107 would pay approximately $3,296 per month (principal and interest only, excluding taxes and insurance).