2907 MARTIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $204,044 and $445,029, with a best estimate of $274,648. 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
$274,648
$428,762
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L334592F - OAKWOOD GLEN/CYPRESS MILL. The estimated range of $204,044 and $445,029 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$4,153 for 15 sqft more living space and -$35,459 for being older. Net adjustment: -$31,306.
Adjusted -$182,178 for 658 sqft less living space and -$70,919 for being older. Net adjustment: -$253,097.
Adjusted -$62,295 for 225 sqft less living space and -$70,919 for being older. Net adjustment: -$133,214.
Adjusted -$45,406 for 164 sqft less living space and -$41,369 for being older. Net adjustment: -$86,775.
Adjusted -$34,608 for 125 sqft less living space and -$65,009 for being older. Net adjustment: -$99,617.
The Neighborhood
This home is valued 6.1% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,494 across all districts. With a homestead exemption claimed, that drops to $6,875 — saving $1,619 per year. That's $573 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% | $4,660 |
| Williamson County | County | 0.3694% | $1,584 |
| Cedar Park | City | 0.3600% | $1,544 |
| Austin Community College | special | 0.1034% | $443 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,494 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $274,648 would pay approximately $1,714 per month (principal and interest only, excluding taxes and insurance).