2204 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $255,162 and $425,099, with a best estimate of $284,949. 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
$284,949
$305,042
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 $255,162 and $425,099. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,610 for 20 sqft more living space and -$6,252 for being older. Net adjustment: -$1,642.
Adjusted -$13,599 for 59 sqft less living space and -$18,757 for being older. Net adjustment: -$32,356.
Adjusted -$1,613 for 7 sqft less living space and -$6,252 for being older. Net adjustment: -$7,865.
Adjusted -$46,330 for 201 sqft less living space and -$6,252 for being older. Net adjustment: -$52,582.
Adjusted +$5,071 for 22 sqft more living space and -$50,020 for being older. Net adjustment: -$44,949.
The Neighborhood
This home is valued 14.1% 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
typicalThis home is -14.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,043 across all districts. With a homestead exemption claimed, that drops to $4,447 — saving $1,596 per year. That's $371 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% | $3,316 |
| Williamson County | County | 0.3694% | $1,127 |
| Cedar Park | City | 0.3600% | $1,098 |
| Austin Community College | special | 0.1034% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,043 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,949 would pay approximately $1,779 per month (principal and interest only, excluding taxes and insurance).