2209 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $195,491 and $373,688, with a best estimate of $228,991. 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
$228,991
$313,650
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 $195,491 and $373,688. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$61,313 for 266 sqft less living space. Net adjustment: -$61,313.
Adjusted -$67,536 for 293 sqft less living space. Net adjustment: -$67,536.
Adjusted -$112,253 for 487 sqft less living space. Net adjustment: -$112,253.
Adjusted +$6,684 for 29 sqft more living space and -$25,010 for being older. Net adjustment: -$18,326.
Adjusted -$11,755 for 51 sqft less living space and -$37,515 for being older. Net adjustment: -$49,270.
The Neighborhood
This home is valued 11.7% 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 -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,214 across all districts. With a homestead exemption claimed, that drops to $4,616 — saving $1,598 per year. That's $385 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% | $3,409 |
| Williamson County | County | 0.3694% | $1,159 |
| Cedar Park | City | 0.3600% | $1,129 |
| Austin Community College | special | 0.1034% | $324 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,214 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $228,991 would pay approximately $1,429 per month (principal and interest only, excluding taxes and insurance).