2202 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $284,131 and $341,705, with a best estimate of $335,202. 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
$335,202
$309,952
Based on 5 comparable properties(2 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 $284,131 and $341,705 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$51,401 for 223 sqft more living space. Net adjustment: +$51,401.
Adjusted +$33,192 for 144 sqft more living space and -$12,505 for being older. Net adjustment: +$20,687.
Adjusted -$27,429 for 119 sqft less living space and -$25,010 for being older. Net adjustment: -$52,439.
Adjusted +$7,376 for 32 sqft more living space and -$25,010 for being older. Net adjustment: -$17,634.
Adjusted +$45,178 for 196 sqft more living space. Net adjustment: +$45,178.
The Neighborhood
This home is valued 12.7% 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 -12.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,140 across all districts. With a homestead exemption claimed, that drops to $4,543 — saving $1,597 per year. That's $379 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% | $3,369 |
| Williamson County | County | 0.3694% | $1,145 |
| Cedar Park | City | 0.3600% | $1,116 |
| Austin Community College | special | 0.1034% | $320 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,140 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $335,202 would pay approximately $2,092 per month (principal and interest only, excluding taxes and insurance).