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203 COLBY LN, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath1,901 sqftBuilt 1998

Property at a Glance

This home is estimated between $364,992 and $467,873, with a best estimate of $371,056. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.

Estimated Value Range

$364,992 $467,873
Best Estimate
$371,056
WCAD Value
$415,158
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $364,992 and $467,873 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,972 sqft Built 1995
Raw Value $376,420
Adjusted Value $365,700

Adjusted -$16,305 for 71 sqft less living space and +$5,585 for being newer. Net adjustment: -$10,720.

2406 NAN LN, CEDAR PARK, TX 78613
0.00 mi 100% similar
3 bed 2 bath 1,984 sqft Built 2001
Raw Value $389,637
Adjusted Value $364,992

Adjusted -$19,060 for 83 sqft less living space and -$5,585 for being older. Net adjustment: -$24,645.

1601 COLBY LN, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,250 sqft Built 1998
Raw Value $462,508
Adjusted Value $382,363

Adjusted -$80,145 for 349 sqft less living space. Net adjustment: -$80,145.

3 bed 2 bath 1,869 sqft Built 1998
Raw Value $363,707
Adjusted Value $371,056

Adjusted +$7,349 for 32 sqft more living space. Net adjustment: +$7,349.

4 bed 2 bath 1,815 sqft Built 1997
Raw Value $446,262
Adjusted Value $467,873

Adjusted +$19,749 for 86 sqft more living space and +$1,862 for being newer. Net adjustment: +$21,611.

The Neighborhood

This home is valued 11.1% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.

L369599E - Emarald Oaks

typical
373 Properties
$467,144 Median Value
-13.6% YoY Change
2% Have Pool
99% Have Garage
This Home
$415,158
Median
$467,144

This home is -11.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,225 across all districts. With a homestead exemption claimed, that drops to $6,608 — saving $1,617 per year. That's $551 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,512
Williamson CountyCounty0.3694%$1,534
Cedar ParkCity0.3600%$1,495
Austin Community Collegespecial0.1034%$429
Williamson County FM/RdCounty0.0443%$184
Upper Brushy Creek WCIDWater0.0170%$71
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$8,225

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $371,056 would pay approximately $2,316 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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