1508 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $521,037 and $659,779, with a best estimate of $544,266. 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
$544,266
$528,546
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $521,037 and $659,779. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$56,742 for 221 sqft more living space and -$33,899 for being older. Net adjustment: +$22,843.
Adjusted -$6,419 for 25 sqft less living space and +$7,533 for being newer. Net adjustment: +$1,114.
Adjusted +$28,499 for 111 sqft more living space and -$3,767 for being older. Net adjustment: +$24,732.
Adjusted +$63,931 for 249 sqft more living space and -$7,533 for being older. Net adjustment: +$56,398.
Adjusted +$78,309 for 305 sqft more living space and +$3,767 for being newer. Net adjustment: +$82,076.
The Neighborhood
This home is valued 8.6% 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 -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,471 across all districts. With a homestead exemption claimed, that drops to $8,833 — saving $1,638 per year. That's $736 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% | $5,745 |
| Williamson County | County | 0.3694% | $1,953 |
| Cedar Park | City | 0.3600% | $1,903 |
| Austin Community College | special | 0.1034% | $547 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,471 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $544,266 would pay approximately $3,397 per month (principal and interest only, excluding taxes and insurance).