3004 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $242,833 and $400,085, with a best estimate of $278,437. 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
$278,437
$312,536
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 $242,833 and $400,085. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,548 for 119 sqft more living space and +$4,482 for being newer. Net adjustment: +$39,030.
Adjusted -$75,773 for 261 sqft less living space and +$4,482 for being newer. Net adjustment: -$71,291.
Adjusted -$108,579 for 374 sqft less living space and +$4,482 for being newer. Net adjustment: -$104,097.
Adjusted -$65,031 for 224 sqft less living space and +$4,482 for being newer. Net adjustment: -$60,549.
Adjusted -$91,740 for 316 sqft less living space and +$4,482 for being newer. Net adjustment: -$87,258.
The Neighborhood
This home is valued 17.0% 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
below averageThis home is -17.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,921 across all districts. With a homestead exemption claimed, that drops to $4,342 — saving $1,579 per year. That's $362 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% | $3,397 |
| Williamson County | County | 0.3694% | $1,155 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $854 |
| Austin Community College | special | 0.1034% | $323 |
| 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 | 1.8945% | $5,921 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $278,437 would pay approximately $1,738 per month (principal and interest only, excluding taxes and insurance).