407 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $604,655 and $1,018,482, with a best estimate of $829,382. 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
$829,382
$757,453
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 $604,655 and $1,018,482. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$237,614 for 841 sqft less living space and -$55,132 for being older. Net adjustment: -$292,746.
Adjusted +$18,648 for 66 sqft more living space and -$20,215 for being older. Net adjustment: -$1,567.
Adjusted +$6,781 for 24 sqft more living space and +$27,566 for being newer. Net adjustment: +$34,347.
Adjusted -$81,371 for 288 sqft less living space and +$18,377 for being newer. Net adjustment: -$62,994.
Adjusted -$19,213 for 68 sqft less living space and -$20,215 for being older. Net adjustment: -$39,428.
The Neighborhood
This home is valued 52.8% 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 +52.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,006 across all districts. With a homestead exemption claimed, that drops to $13,317 — saving $1,689 per year. That's $1,110 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% | $8,233 |
| Williamson County | County | 0.3694% | $2,798 |
| Cedar Park | City | 0.3600% | $2,727 |
| Austin Community College | special | 0.1034% | $783 |
| Williamson County FM/Rd | County | 0.0443% | $336 |
| Upper Brushy Creek WCID | Water | 0.0170% | $129 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,006 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $829,382 would pay approximately $5,177 per month (principal and interest only, excluding taxes and insurance).