503 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $323,389 and $768,251, with a best estimate of $644,119. 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
$644,119
$786,635
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 $323,389 and $768,251. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$166,415 for 589 sqft less living space and -$9,189 for being older. Net adjustment: -$175,604.
Adjusted +$38,708 for 137 sqft more living space. Net adjustment: +$38,708.
Adjusted +$43,793 for 155 sqft more living space. Net adjustment: +$43,793.
Adjusted -$15,540 for 55 sqft less living space. Net adjustment: -$15,540.
Adjusted -$16,670 for 59 sqft less living space and -$23,891 for being older. Net adjustment: -$40,561.
The Neighborhood
This home is valued 58.7% 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
outlier highThis home is +58.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,584 across all districts. With a homestead exemption claimed, that drops to $13,889 — saving $1,695 per year. That's $1,157 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% | $8,550 |
| Williamson County | County | 0.3694% | $2,906 |
| Cedar Park | City | 0.3600% | $2,832 |
| Austin Community College | special | 0.1034% | $813 |
| Williamson County FM/Rd | County | 0.0443% | $349 |
| Upper Brushy Creek WCID | Water | 0.0170% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,584 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $644,119 would pay approximately $4,021 per month (principal and interest only, excluding taxes and insurance).