3204 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $626,165 and $658,915, with a best estimate of $648,570. That places the property above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$648,570
$454,982
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn, this home's estimated market value is between $626,165 and $658,915. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$301,640 for 1,039 sqft more living space. Net adjustment: +$301,640.
Adjusted +$261,867 for 902 sqft more living space. Net adjustment: +$261,867.
Adjusted +$286,834 for 988 sqft more living space. Net adjustment: +$286,834.
Adjusted +$293,221 for 1,010 sqft more living space. Net adjustment: +$293,221.
Adjusted +$301,640 for 1,039 sqft more living space. Net adjustment: +$301,640.
The Neighborhood
This home is valued 20.8% above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. With 909 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
above averageThis home is +20.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,620 across all districts. With a homestead exemption claimed, that drops to $7,014 — saving $1,606 per year. That's $585 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% | $4,945 |
| Williamson County | County | 0.3694% | $1,681 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,244 |
| Austin Community College | special | 0.1034% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,620 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $648,570 would pay approximately $4,048 per month (principal and interest only, excluding taxes and insurance).