701 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $546,273 and $1,033,567, with a best estimate of $617,223. 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
$617,223
$558,522
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 $546,273 and $1,033,567. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,362 for 111 sqft less living space and +$1,838 for being newer. Net adjustment: -$29,524.
Adjusted +$77,980 for 276 sqft more living space and +$7,351 for being newer. Net adjustment: +$85,331.
Adjusted -$68,374 for 242 sqft less living space and +$3,675 for being newer. Net adjustment: -$64,699.
Adjusted +$21,755 for 77 sqft more living space and +$23,891 for being newer. Net adjustment: +$45,646.
Adjusted -$274,344 for 971 sqft less living space. Net adjustment: -$274,344.
The Neighborhood
This home is valued 12.7% 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
typicalThis home is +12.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,065 across all districts. With a homestead exemption claimed, that drops to $9,420 — saving $1,645 per year. That's $785 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% | $6,071 |
| Williamson County | County | 0.3694% | $2,063 |
| Cedar Park | City | 0.3600% | $2,011 |
| Austin Community College | special | 0.1034% | $578 |
| Williamson County FM/Rd | County | 0.0443% | $248 |
| Upper Brushy Creek WCID | Water | 0.0170% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,065 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $617,223 would pay approximately $3,853 per month (principal and interest only, excluding taxes and insurance).