2405 BRANUM DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $256,836 and $483,466, with a best estimate of $394,386. That places the property above the L251496F - GANN RANCH SEC 1 & 2 median of $355,028, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$394,386
$340,095
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $256,836 and $483,466. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$68,228 for 296 sqft more living space and +$31,262 for being newer. Net adjustment: +$99,490.
Adjusted +$59,238 for 257 sqft more living space and +$31,262 for being newer. Net adjustment: +$90,500.
Adjusted -$52,093 for 226 sqft less living space and -$50,020 for being older. Net adjustment: -$102,113.
Adjusted +$75,604 for 328 sqft more living space. Net adjustment: +$75,604.
Adjusted +$27,890 for 121 sqft more living space and +$25,010 for being newer. Net adjustment: +$52,900.
The Neighborhood
This home is valued 4.2% below the L251496F - GANN RANCH SEC 1 & 2 median of $355,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.
L251496F - GANN RANCH SEC 1 & 2
typicalThis home is -4.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,738 across all districts. With a homestead exemption claimed, that drops to $5,135 — saving $1,603 per year. That's $428 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% | $3,696 |
| Williamson County | County | 0.3694% | $1,256 |
| Cedar Park | City | 0.3600% | $1,224 |
| Austin Community College | special | 0.1034% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,738 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $394,386 would pay approximately $2,462 per month (principal and interest only, excluding taxes and insurance).