603 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $1,153,281 and $1,362,434, with a best estimate of $1,284,240. 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
$1,284,240
$780,371
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 $1,153,281 and $1,362,434. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$168,393 for 596 sqft more living space and -$12,864 for being older. Net adjustment: +$155,529.
Adjusted +$200,602 for 710 sqft more living space and +$25,728 for being newer. Net adjustment: +$226,330.
Adjusted +$178,564 for 632 sqft more living space and +$27,566 for being newer. Net adjustment: +$206,130.
Adjusted +$376,623 for 1,333 sqft more living space and +$12,864 for being newer. Net adjustment: +$389,487.
Adjusted +$238,462 for 844 sqft more living space and +$25,728 for being newer. Net adjustment: +$264,190.
The Neighborhood
This home is valued 57.4% 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 +57.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,460 across all districts. With a homestead exemption claimed, that drops to $13,766 — saving $1,694 per year. That's $1,147 per month a buyer should budget. The assessed value increased +91.7% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $8,482 |
| Williamson County | County | 0.3694% | $2,883 |
| Cedar Park | City | 0.3600% | $2,809 |
| Austin Community College | special | 0.1034% | $807 |
| Williamson County FM/Rd | County | 0.0443% | $346 |
| Upper Brushy Creek WCID | Water | 0.0170% | $133 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,460 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,284,240 would pay approximately $8,016 per month (principal and interest only, excluding taxes and insurance).