423 MADISONS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $478,155 and $733,912, with a best estimate of $561,214. 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
$561,214
$480,683
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $478,155 and $733,912. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$101,417 for 395 sqft more living space. Net adjustment: +$101,417.
Adjusted -$97,309 for 379 sqft less living space and -$26,366 for being older. Net adjustment: -$123,675.
Adjusted +$7,959 for 31 sqft more living space and -$45,198 for being older. Net adjustment: -$37,239.
Adjusted +$44,161 for 172 sqft more living space and -$45,198 for being older. Net adjustment: -$1,037.
Adjusted +$96,025 for 374 sqft more living space and +$3,767 for being newer. Net adjustment: +$99,792.
The Neighborhood
This home is valued 16.9% 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
below averageThis home is -16.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,523 across all districts. With a homestead exemption claimed, that drops to $7,894 — saving $1,629 per year. That's $658 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% | $5,225 |
| Williamson County | County | 0.3694% | $1,776 |
| Cedar Park | City | 0.3600% | $1,730 |
| Austin Community College | special | 0.1034% | $497 |
| 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% | $9,523 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $561,214 would pay approximately $3,503 per month (principal and interest only, excluding taxes and insurance).