3106 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $361,736 and $518,988, with a best estimate of $397,340. 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
$397,340
$363,271
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 $361,736 and $518,988. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$157,933 for 544 sqft more living space. Net adjustment: +$157,933.
Adjusted +$47,612 for 164 sqft more living space. Net adjustment: +$47,612.
Adjusted +$14,806 for 51 sqft more living space. Net adjustment: +$14,806.
Adjusted +$58,354 for 201 sqft more living space. Net adjustment: +$58,354.
Adjusted +$31,645 for 109 sqft more living space. Net adjustment: +$31,645.
The Neighborhood
This home is valued 3.5% 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 -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,882 across all districts. With a homestead exemption claimed, that drops to $5,293 — saving $1,589 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% | $3,948 |
| Williamson County | County | 0.3694% | $1,342 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $993 |
| Austin Community College | special | 0.1034% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,882 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,340 would pay approximately $2,480 per month (principal and interest only, excluding taxes and insurance).