3200 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $367,252 and $524,504, with a best estimate of $402,856. 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
$402,856
$371,304
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 $367,252 and $524,504. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$163,449 for 563 sqft more living space. Net adjustment: +$163,449.
Adjusted +$53,128 for 183 sqft more living space. Net adjustment: +$53,128.
Adjusted +$20,322 for 70 sqft more living space. Net adjustment: +$20,322.
Adjusted +$63,870 for 220 sqft more living space. Net adjustment: +$63,870.
Adjusted +$37,161 for 128 sqft more living space. Net adjustment: +$37,161.
The Neighborhood
This home is valued 1.4% 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 -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,034 across all districts. With a homestead exemption claimed, that drops to $5,444 — saving $1,590 per year. That's $454 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% | $4,036 |
| Williamson County | County | 0.3694% | $1,372 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,015 |
| Austin Community College | special | 0.1034% | $384 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $7,034 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $402,856 would pay approximately $2,515 per month (principal and interest only, excluding taxes and insurance).