2206 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $283,889 and $408,350, with a best estimate of $319,318. 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
$319,318
$305,060
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 $283,889 and $408,350 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$11,755 for 51 sqft more living space and +$50,020 for being newer. Net adjustment: +$61,775.
Adjusted +$35,266 for 153 sqft more living space and -$6,252 for being older. Net adjustment: +$29,014.
Adjusted +$17,057 for 74 sqft more living space and -$18,757 for being older. Net adjustment: -$1,700.
Adjusted -$8,759 for 38 sqft less living space and -$31,262 for being older. Net adjustment: -$40,021.
Adjusted +$3,227 for 14 sqft more living space and +$50,020 for being newer. Net adjustment: +$53,247.
The Neighborhood
This home is valued 14.1% 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
typicalThis home is -14.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,043 across all districts. With a homestead exemption claimed, that drops to $4,447 — saving $1,596 per year. That's $371 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% | $3,316 |
| Williamson County | County | 0.3694% | $1,127 |
| Cedar Park | City | 0.3600% | $1,098 |
| Austin Community College | special | 0.1034% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,043 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,318 would pay approximately $1,993 per month (principal and interest only, excluding taxes and insurance).