1241 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $440,173 and $794,407, with a best estimate of $467,231. 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
$467,231
$481,507
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 $440,173 and $794,407. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$37,449 for 137 sqft more living space and +$9,039 for being newer. Net adjustment: +$46,488.
Adjusted +$238,909 for 874 sqft more living space and -$9,039 for being older. Net adjustment: +$229,870.
Adjusted +$67,791 for 248 sqft more living space and -$9,039 for being older. Net adjustment: +$58,752.
Adjusted +$17,494 for 64 sqft more living space and +$18,077 for being newer. Net adjustment: +$35,571.
Adjusted -$30,889 for 113 sqft less living space. Net adjustment: -$30,889.
The Neighborhood
This home is valued 24.7% 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 +24.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,539 across all districts. With a homestead exemption claimed, that drops to $7,910 — saving $1,629 per year. That's $659 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% | $5,233 |
| Williamson County | County | 0.3694% | $1,779 |
| Cedar Park | City | 0.3600% | $1,733 |
| Austin Community College | special | 0.1034% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,539 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,231 would pay approximately $2,916 per month (principal and interest only, excluding taxes and insurance).