3206 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $237,190 and $394,442, with a best estimate of $272,794. That places the property below 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
$272,794
$368,724
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 $237,190 and $394,442. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$33,387 for 115 sqft more living space. Net adjustment: +$33,387.
Adjusted -$76,934 for 265 sqft less living space. Net adjustment: -$76,934.
Adjusted -$109,740 for 378 sqft less living space. Net adjustment: -$109,740.
Adjusted -$66,192 for 228 sqft less living space. Net adjustment: -$66,192.
Adjusted -$92,902 for 320 sqft less living space. Net adjustment: -$92,902.
The Neighborhood
This home is valued 2.1% below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is -2.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,985 across all districts. With a homestead exemption claimed, that drops to $5,396 — saving $1,589 per year. That's $450 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% | $4,008 |
| Williamson County | County | 0.3694% | $1,362 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,008 |
| Austin Community College | special | 0.1034% | $381 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,985 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $272,794 would pay approximately $1,703 per month (principal and interest only, excluding taxes and insurance).