2304 CLAYTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $274,427 and $391,541, with a best estimate of $349,613. 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
$349,613
$294,600
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L251496F - GANN RANCH SEC 1 & 2. The estimated range of $274,427 and $391,541 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$21,667 for 94 sqft less living space and +$6,252 for being newer. Net adjustment: -$15,415.
Adjusted -$23,050 for 100 sqft less living space and -$37,515 for being older. Net adjustment: -$60,565.
Adjusted -$691 for 3 sqft less living space and -$43,767 for being older. Net adjustment: -$44,458.
Adjusted -$142,679 for 619 sqft less living space and -$43,767 for being older. Net adjustment: -$186,446.
Adjusted -$125,853 for 546 sqft less living space and -$6,252 for being older. Net adjustment: -$132,105.
The Neighborhood
This home is valued 17.0% 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 -17.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,836 across all districts. With a homestead exemption claimed, that drops to $4,242 — saving $1,594 per year. That's $354 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% | $3,202 |
| Williamson County | County | 0.3694% | $1,088 |
| Cedar Park | City | 0.3600% | $1,061 |
| Austin Community College | special | 0.1034% | $305 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,836 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,613 would pay approximately $2,182 per month (principal and interest only, excluding taxes and insurance).