1506 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $183,891 and $627,435, with a best estimate of $521,027. 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
$521,027
$509,212
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 $183,891 and $627,435. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$103,327 for 378 sqft more living space and -$18,077 for being older. Net adjustment: +$85,250.
Adjusted +$11,481 for 42 sqft more living space and -$9,039 for being older. Net adjustment: +$2,442.
Adjusted +$29,795 for 109 sqft more living space and -$9,039 for being older. Net adjustment: +$20,756.
Adjusted -$331,301 for 1,212 sqft less living space and -$9,039 for being older. Net adjustment: -$340,340.
Adjusted +$63,417 for 232 sqft more living space and -$9,039 for being older. Net adjustment: +$54,378.
The Neighborhood
This home is valued 31.9% 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 +31.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,088 across all districts. With a homestead exemption claimed, that drops to $8,454 — saving $1,634 per year. That's $705 per month a buyer should budget. The assessed value increased +3.8% vs the subdivision average of -2.8%. This above-average increase gives a protest opportunity score of 33 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,535 |
| Williamson County | County | 0.3694% | $1,881 |
| Cedar Park | City | 0.3600% | $1,833 |
| Austin Community College | special | 0.1034% | $527 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,088 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $521,027 would pay approximately $3,252 per month (principal and interest only, excluding taxes and insurance).