2904 MARTIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $223,233 and $493,744, with a best estimate of $435,976. 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
$435,976
$476,777
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L334592F - OAKWOOD GLEN/CYPRESS MILL. The estimated range of $223,233 and $493,744 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$32,670 for 118 sqft less living space and -$59,099 for being older. Net adjustment: -$91,769.
Adjusted -$198,514 for 717 sqft less living space and -$41,369 for being older. Net adjustment: -$239,883.
Adjusted +$29,902 for 108 sqft more living space and -$35,459 for being older. Net adjustment: -$5,557.
Adjusted +$26,025 for 94 sqft more living space and +$59,099 for being newer. Net adjustment: +$85,124.
Adjusted +$87,213 for 315 sqft more living space and -$59,099 for being older. Net adjustment: +$28,114.
The Neighborhood
This home is valued 4.5% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,445 across all districts. With a homestead exemption claimed, that drops to $7,818 — saving $1,627 per year. That's $652 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% | $5,182 |
| Williamson County | County | 0.3694% | $1,761 |
| Cedar Park | City | 0.3600% | $1,716 |
| Austin Community College | special | 0.1034% | $493 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,445 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $435,976 would pay approximately $2,721 per month (principal and interest only, excluding taxes and insurance).