2200 MAYFIELD WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $377,958 and $692,635, with a best estimate of $473,987. That places the property above 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
$473,987
$348,257
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $377,958 and $692,635. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$136,456 for 592 sqft more living space. Net adjustment: +$136,456.
Adjusted +$20,514 for 89 sqft more living space and -$75,029 for being older. Net adjustment: -$54,515.
Adjusted +$181,173 for 786 sqft more living space. Net adjustment: +$181,173.
Adjusted +$187,396 for 813 sqft more living space. Net adjustment: +$187,396.
Adjusted +$37,110 for 161 sqft more living space and -$37,515 for being older. Net adjustment: -$405.
The Neighborhood
This home is valued 1.9% 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 -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,899 across all districts. With a homestead exemption claimed, that drops to $5,295 — saving $1,604 per year. That's $441 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% | $3,785 |
| Williamson County | County | 0.3694% | $1,287 |
| Cedar Park | City | 0.3600% | $1,254 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,899 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $473,987 would pay approximately $2,959 per month (principal and interest only, excluding taxes and insurance).