2203 MAYFIELD WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $282,996 and $407,457, with a best estimate of $318,425. 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
$318,425
$301,385
Based on 5 comparable properties(1 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 $282,996 and $407,457 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$4,610 for 20 sqft more living space and +$56,272 for being newer. Net adjustment: +$60,882.
Adjusted +$28,121 for 122 sqft more living space. Net adjustment: +$28,121.
Adjusted +$9,911 for 43 sqft more living space and -$12,505 for being older. Net adjustment: -$2,594.
Adjusted -$15,904 for 69 sqft less living space and -$25,010 for being older. Net adjustment: -$40,914.
Adjusted -$3,918 for 17 sqft less living space and +$56,272 for being newer. Net adjustment: +$52,354.
The Neighborhood
This home is valued 15.1% 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
below averageThis home is -15.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,971 across all districts. With a homestead exemption claimed, that drops to $4,375 — saving $1,596 per year. That's $365 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% | $3,276 |
| Williamson County | County | 0.3694% | $1,113 |
| Cedar Park | City | 0.3600% | $1,085 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,971 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,425 would pay approximately $1,988 per month (principal and interest only, excluding taxes and insurance).