305 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $621,609 and $1,070,783, with a best estimate of $827,702. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$827,702
$891,567
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $621,609 and $1,070,783. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$170,370 for 603 sqft less living space and +$38,593 for being newer. Net adjustment: -$131,777.
Adjusted +$242,983 for 860 sqft more living space and +$1,838 for being newer. Net adjustment: +$244,821.
Adjusted +$138,161 for 489 sqft more living space and -$12,864 for being older. Net adjustment: +$125,297.
Adjusted -$11,867 for 42 sqft less living space and +$47,781 for being newer. Net adjustment: +$35,914.
Adjusted -$100,018 for 354 sqft less living space and +$38,593 for being newer. Net adjustment: -$61,425.
The Neighborhood
This home is valued 79.8% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
outlier highThis home is +79.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,663 across all districts. With a homestead exemption claimed, that drops to $15,944 — saving $1,719 per year. That's $1,329 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% | $9,690 |
| Williamson County | County | 0.3694% | $3,294 |
| Cedar Park | City | 0.3600% | $3,210 |
| Austin Community College | special | 0.1034% | $922 |
| Williamson County FM/Rd | County | 0.0443% | $395 |
| Upper Brushy Creek WCID | Water | 0.0170% | $152 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $17,663 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $827,702 would pay approximately $5,166 per month (principal and interest only, excluding taxes and insurance).