3208 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $306,576 and $463,827, with a best estimate of $342,179. 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
$342,179
$347,216
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 $306,576 and $463,827. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$102,772 for 354 sqft more living space. Net adjustment: +$102,772.
Adjusted -$7,548 for 26 sqft less living space. Net adjustment: -$7,548.
Adjusted -$40,354 for 139 sqft less living space. Net adjustment: -$40,354.
Adjusted +$3,193 for 11 sqft more living space. Net adjustment: +$3,193.
Adjusted -$23,516 for 81 sqft less living space. Net adjustment: -$23,516.
The Neighborhood
This home is valued 7.8% 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 -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,578 across all districts. With a homestead exemption claimed, that drops to $4,992 — saving $1,586 per year. That's $416 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% | $3,774 |
| Williamson County | County | 0.3694% | $1,283 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $949 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,578 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,179 would pay approximately $2,136 per month (principal and interest only, excluding taxes and insurance).