3012 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $158,958 and $308,695, with a best estimate of $246,507. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$246,507
$378,765
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn, this home's estimated market value is between $158,958 and $308,695. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$60,386 for 208 sqft less living space. Net adjustment: -$60,386.
Adjusted -$41,806 for 144 sqft less living space. Net adjustment: -$41,806.
Adjusted -$119,030 for 410 sqft less living space and +$4,482 for being newer. Net adjustment: -$114,548.
Adjusted -$153,578 for 529 sqft less living space. Net adjustment: -$153,578.
Adjusted -$152,417 for 525 sqft less living space and +$4,482 for being newer. Net adjustment: -$147,935.
The Neighborhood
This home is in line with the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,176 across all districts. With a homestead exemption claimed, that drops to $5,584 — saving $1,592 per year. That's $465 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% | $4,117 |
| Williamson County | County | 0.3694% | $1,399 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,036 |
| Austin Community College | special | 0.1034% | $392 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $7,176 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $246,507 would pay approximately $1,539 per month (principal and interest only, excluding taxes and insurance).