3015 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $314,124 and $471,376, with a best estimate of $349,728. 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
$349,728
$427,080
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 $314,124 and $471,376. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$110,321 for 380 sqft more living space. Net adjustment: +$110,321.
Adjusted -$32,806 for 113 sqft less living space. Net adjustment: -$32,806.
Adjusted +$10,742 for 37 sqft more living space. Net adjustment: +$10,742.
Adjusted -$15,967 for 55 sqft less living space. Net adjustment: -$15,967.
Adjusted +$7,839 for 27 sqft more living space. Net adjustment: +$7,839.
The Neighborhood
This home is valued 13.4% 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
typicalThis home is +13.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,091 across all districts. With a homestead exemption claimed, that drops to $6,490 — saving $1,601 per year. That's $541 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% | $4,642 |
| Williamson County | County | 0.3694% | $1,578 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,168 |
| Austin Community College | special | 0.1034% | $442 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,091 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,728 would pay approximately $2,183 per month (principal and interest only, excluding taxes and insurance).