3016 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $355,349 and $512,601, with a best estimate of $390,953. That places the property above 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
$390,953
$365,694
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 $355,349 and $512,601. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$151,546 for 522 sqft more living space. Net adjustment: +$151,546.
Adjusted +$41,225 for 142 sqft more living space. Net adjustment: +$41,225.
Adjusted +$8,419 for 29 sqft more living space. Net adjustment: +$8,419.
Adjusted +$51,967 for 179 sqft more living space. Net adjustment: +$51,967.
Adjusted +$25,258 for 87 sqft more living space. Net adjustment: +$25,258.
The Neighborhood
This home is valued 2.9% below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. That positions it competitively for buyers comparing within the neighborhood. 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 -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,928 across all districts. With a homestead exemption claimed, that drops to $5,339 — saving $1,589 per year. That's $445 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% | $3,975 |
| Williamson County | County | 0.3694% | $1,351 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,000 |
| Austin Community College | special | 0.1034% | $378 |
| Williamson County FM/Rd | County | 0.0443% | $162 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,928 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $390,953 would pay approximately $2,440 per month (principal and interest only, excluding taxes and insurance).