400 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $683,034 and $952,992, with a best estimate of $889,129. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$889,129
$892,376
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $683,034 and $952,992. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$70,352 for 249 sqft less living space. Net adjustment: -$70,352.
Adjusted +$100,018 for 354 sqft more living space and -$38,593 for being older. Net adjustment: +$61,425.
Adjusted +$88,152 for 312 sqft more living space and +$9,189 for being newer. Net adjustment: +$97,341.
Adjusted +$231,681 for 820 sqft more living space and +$9,189 for being newer. Net adjustment: +$240,870.
Adjusted +$302,316 for 1,070 sqft more living space. Net adjustment: +$302,316.
The Neighborhood
This home is valued 80.0% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
outlier highThis home is +80.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,464 across all districts. With a homestead exemption claimed, that drops to $14,759 — saving $1,705 per year. That's $1,230 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% | $9,033 |
| Williamson County | County | 0.3694% | $3,070 |
| Cedar Park | City | 0.3600% | $2,992 |
| Austin Community College | special | 0.1034% | $859 |
| Williamson County FM/Rd | County | 0.0443% | $368 |
| Upper Brushy Creek WCID | Water | 0.0170% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $16,464 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $889,129 would pay approximately $5,550 per month (principal and interest only, excluding taxes and insurance).