2207 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $297,517 and $421,307, with a best estimate of $329,233. 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
$329,233
$308,941
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 $297,517 and $421,307 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$42,642 for 185 sqft more living space. Net adjustment: +$42,642.
Adjusted +$24,433 for 106 sqft more living space and -$12,505 for being older. Net adjustment: +$11,928.
Adjusted -$1,383 for 6 sqft less living space and -$25,010 for being older. Net adjustment: -$26,393.
Adjusted +$10,603 for 46 sqft more living space and +$56,272 for being newer. Net adjustment: +$66,875.
Adjusted +$36,419 for 158 sqft more living space. Net adjustment: +$36,419.
The Neighborhood
This home is valued 13.0% 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 -13.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,120 across all districts. With a homestead exemption claimed, that drops to $4,524 — saving $1,596 per year. That's $377 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% | $3,358 |
| Williamson County | County | 0.3694% | $1,141 |
| Cedar Park | City | 0.3600% | $1,112 |
| Austin Community College | special | 0.1034% | $319 |
| 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% | $6,120 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $329,233 would pay approximately $2,055 per month (principal and interest only, excluding taxes and insurance).