2304 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $289,841 and $406,954, with a best estimate of $365,028. That places the property above 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
$365,028
$304,593
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 $289,841 and $406,954 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$21,667 for 94 sqft more living space and -$6,252 for being older. Net adjustment: +$15,415.
Adjusted -$1,383 for 6 sqft less living space and -$43,767 for being older. Net adjustment: -$45,150.
Adjusted -$121,012 for 525 sqft less living space and -$50,020 for being older. Net adjustment: -$171,032.
Adjusted -$104,186 for 452 sqft less living space and -$12,505 for being older. Net adjustment: -$116,691.
Adjusted +$20,975 for 91 sqft more living space and -$50,020 for being older. Net adjustment: -$29,045.
The Neighborhood
This home is valued 14.2% 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
typicalThis home is -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,034 across all districts. With a homestead exemption claimed, that drops to $4,438 — saving $1,596 per year. That's $370 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% | $3,311 |
| Williamson County | County | 0.3694% | $1,125 |
| Cedar Park | City | 0.3600% | $1,097 |
| 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% | $6,034 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $365,028 would pay approximately $2,278 per month (principal and interest only, excluding taxes and insurance).