2300 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $276,772 and $401,234, with a best estimate of $312,201. 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
$312,201
$304,437
Based on 5 comparable properties(1 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 $276,772 and $401,234 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$1,613 for 7 sqft less living space and +$56,272 for being newer. Net adjustment: +$54,659.
Adjusted +$21,897 for 95 sqft more living space. Net adjustment: +$21,897.
Adjusted +$3,688 for 16 sqft more living space and -$12,505 for being older. Net adjustment: -$8,817.
Adjusted -$22,128 for 96 sqft less living space and -$25,010 for being older. Net adjustment: -$47,138.
Adjusted -$10,142 for 44 sqft less living space and +$56,272 for being newer. Net adjustment: +$46,130.
The Neighborhood
This home is valued 14.2% 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 -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,031 across all districts. With a homestead exemption claimed, that drops to $4,435 — saving $1,596 per year. That's $370 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% | $3,309 |
| Williamson County | County | 0.3694% | $1,125 |
| Cedar Park | City | 0.3600% | $1,096 |
| Austin Community College | special | 0.1034% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,031 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,201 would pay approximately $1,949 per month (principal and interest only, excluding taxes and insurance).