2201 MAYFIELD WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $275,159 and $399,620, with a best estimate of $310,588. 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
$310,588
$297,254
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 $275,159 and $399,620 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$3,227 for 14 sqft less living space and +$56,272 for being newer. Net adjustment: +$53,045.
Adjusted +$20,284 for 88 sqft more living space. Net adjustment: +$20,284.
Adjusted +$2,074 for 9 sqft more living space and -$12,505 for being older. Net adjustment: -$10,431.
Adjusted -$23,741 for 103 sqft less living space and -$25,010 for being older. Net adjustment: -$48,751.
Adjusted -$11,755 for 51 sqft less living space and +$56,272 for being newer. Net adjustment: +$44,517.
The Neighborhood
This home is valued 16.3% 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
below averageThis home is -16.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,889 across all districts. With a homestead exemption claimed, that drops to $4,294 — saving $1,595 per year. That's $358 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% | $3,231 |
| Williamson County | County | 0.3694% | $1,098 |
| Cedar Park | City | 0.3600% | $1,070 |
| Austin Community College | special | 0.1034% | $307 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,889 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,588 would pay approximately $1,939 per month (principal and interest only, excluding taxes and insurance).