504 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $363,949 and $684,680, with a best estimate of $500,627. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$500,627
$769,058
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $363,949 and $684,680. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,117 for 188 sqft less living space and -$22,053 for being older. Net adjustment: -$75,170.
Adjusted +$55,377 for 196 sqft more living space and +$23,891 for being newer. Net adjustment: +$79,268.
Adjusted +$60,463 for 214 sqft more living space and +$23,891 for being newer. Net adjustment: +$84,354.
Adjusted -$164,437 for 582 sqft less living space and +$23,891 for being newer. Net adjustment: -$140,546.
Adjusted -$21,755 for 77 sqft less living space and -$23,891 for being older. Net adjustment: -$45,646.
The Neighborhood
This home is valued 55.1% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
outlier highThis home is +55.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,870 across all districts. With a homestead exemption claimed, that drops to $13,183 — saving $1,687 per year. That's $1,099 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% | $8,158 |
| Williamson County | County | 0.3694% | $2,773 |
| Cedar Park | City | 0.3600% | $2,702 |
| Austin Community College | special | 0.1034% | $776 |
| Williamson County FM/Rd | County | 0.0443% | $333 |
| Upper Brushy Creek WCID | Water | 0.0170% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,870 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $500,627 would pay approximately $3,125 per month (principal and interest only, excluding taxes and insurance).