406 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $585,693 and $855,653, with a best estimate of $795,035. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$795,035
$791,788
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $585,693 and $855,653. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$158,504 for 561 sqft less living space and -$9,189 for being older. Net adjustment: -$167,693.
Adjusted +$11,867 for 42 sqft more living space and -$47,781 for being older. Net adjustment: -$35,914.
Adjusted -$88,152 for 312 sqft less living space and -$9,189 for being older. Net adjustment: -$97,341.
Adjusted +$143,529 for 508 sqft more living space. Net adjustment: +$143,529.
Adjusted +$214,164 for 758 sqft more living space and -$9,189 for being older. Net adjustment: +$204,975.
The Neighborhood
This home is valued 59.7% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
outlier highThis home is +59.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,686 across all districts. With a homestead exemption claimed, that drops to $13,989 — saving $1,697 per year. That's $1,166 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% | $8,606 |
| Williamson County | County | 0.3694% | $2,925 |
| Cedar Park | City | 0.3600% | $2,850 |
| Austin Community College | special | 0.1034% | $819 |
| Williamson County FM/Rd | County | 0.0443% | $351 |
| Upper Brushy Creek WCID | Water | 0.0170% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,686 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $795,035 would pay approximately $4,963 per month (principal and interest only, excluding taxes and insurance).