2201 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $283,670 and $341,244, with a best estimate of $334,741. That places the property below 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
$334,741
$307,744
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L251496F - GANN RANCH SEC 1 & 2. The estimated range of $283,670 and $341,244 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$50,940 for 221 sqft more living space. Net adjustment: +$50,940.
Adjusted +$32,731 for 142 sqft more living space and -$12,505 for being older. Net adjustment: +$20,226.
Adjusted -$27,890 for 121 sqft less living space and -$25,010 for being older. Net adjustment: -$52,900.
Adjusted +$6,915 for 30 sqft more living space and -$25,010 for being older. Net adjustment: -$18,095.
Adjusted +$44,717 for 194 sqft more living space. Net adjustment: +$44,717.
The Neighborhood
This home is valued 13.3% 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 -13.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,097 across all districts. With a homestead exemption claimed, that drops to $4,500 — saving $1,597 per year. That's $375 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% | $3,345 |
| Williamson County | County | 0.3694% | $1,137 |
| Cedar Park | City | 0.3600% | $1,108 |
| Austin Community College | special | 0.1034% | $318 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,097 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $334,741 would pay approximately $2,089 per month (principal and interest only, excluding taxes and insurance).