2901 MARTIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $260,910 and $555,198, with a best estimate of $284,687. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$284,687
$469,930
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L334592F - OAKWOOD GLEN/CYPRESS MILL. The estimated range of $260,910 and $555,198 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$46,514 for 168 sqft more living space and -$76,829 for being older. Net adjustment: -$30,315.
Adjusted -$119,330 for 431 sqft less living space and -$59,099 for being older. Net adjustment: -$178,429.
Adjusted +$11,628 for 42 sqft more living space and +$41,369 for being newer. Net adjustment: +$52,997.
Adjusted -$35,993 for 130 sqft less living space and -$70,919 for being older. Net adjustment: -$106,912.
Adjusted -$28,517 for 103 sqft less living space and -$94,558 for being older. Net adjustment: -$123,075.
The Neighborhood
This home is valued 3.0% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +3.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,310 across all districts. With a homestead exemption claimed, that drops to $7,683 — saving $1,627 per year. That's $640 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% | $5,108 |
| Williamson County | County | 0.3694% | $1,736 |
| Cedar Park | City | 0.3600% | $1,692 |
| Austin Community College | special | 0.1034% | $486 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,310 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,687 would pay approximately $1,777 per month (principal and interest only, excluding taxes and insurance).