2905 MARTIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $81,395 and $432,126, with a best estimate of $199,266. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$199,266
$403,157
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L334592F - OAKWOOD GLEN/CYPRESS MILL. The estimated range of $81,395 and $432,126 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$27,687 for 100 sqft less living space and -$41,369 for being older. Net adjustment: -$69,056.
Adjusted -$77,246 for 279 sqft less living space and -$47,279 for being older. Net adjustment: -$124,525.
Adjusted -$66,448 for 240 sqft less living space and -$70,919 for being older. Net adjustment: -$137,367.
Adjusted -$73,370 for 265 sqft less living space and -$76,829 for being older. Net adjustment: -$150,199.
Adjusted +$80,568 for 291 sqft more living space and -$29,550 for being older. Net adjustment: +$51,018.
The Neighborhood
This home is valued 11.7% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,987 across all districts. With a homestead exemption claimed, that drops to $6,373 — saving $1,614 per year. That's $531 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% | $4,382 |
| Williamson County | County | 0.3694% | $1,489 |
| Cedar Park | City | 0.3600% | $1,451 |
| Austin Community College | special | 0.1034% | $417 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,987 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $199,266 would pay approximately $1,244 per month (principal and interest only, excluding taxes and insurance).