2200 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $254,240 and $424,177, with a best estimate of $284,027. 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
$284,027
$286,748
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $254,240 and $424,177. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,688 for 16 sqft more living space and -$6,252 for being older. Net adjustment: -$2,564.
Adjusted -$2,535 for 11 sqft less living space and -$6,252 for being older. Net adjustment: -$8,787.
Adjusted -$47,252 for 205 sqft less living space and -$6,252 for being older. Net adjustment: -$53,504.
Adjusted -$14,521 for 63 sqft less living space and -$18,757 for being older. Net adjustment: -$33,278.
Adjusted +$4,149 for 18 sqft more living space and -$50,020 for being older. Net adjustment: -$45,871.
The Neighborhood
This home is valued 19.2% 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 -19.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,681 across all districts. With a homestead exemption claimed, that drops to $4,088 — saving $1,593 per year. That's $341 per month a buyer should budget. The assessed value increased +2.6% vs the subdivision average of -3.4%. This above-average increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,117 |
| Williamson County | County | 0.3694% | $1,059 |
| Cedar Park | City | 0.3600% | $1,032 |
| Austin Community College | special | 0.1034% | $296 |
| Williamson County FM/Rd | County | 0.0443% | $127 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,681 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,027 would pay approximately $1,773 per month (principal and interest only, excluding taxes and insurance).