3008 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $211,792 and $336,796, with a best estimate of $237,706. 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
$237,706
$322,165
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 $211,792 and $336,796. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$28,741 for 99 sqft less living space and +$4,482 for being newer. Net adjustment: -$24,259.
Adjusted -$139,062 for 479 sqft less living space and +$4,482 for being newer. Net adjustment: -$134,580.
Adjusted -$128,320 for 442 sqft less living space and +$4,482 for being newer. Net adjustment: -$123,838.
Adjusted -$155,030 for 534 sqft less living space and +$4,482 for being newer. Net adjustment: -$150,548.
Adjusted -$131,224 for 452 sqft less living space and +$4,482 for being newer. Net adjustment: -$126,742.
The Neighborhood
This home is valued 14.4% 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 -14.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,103 across all districts. With a homestead exemption claimed, that drops to $4,522 — saving $1,581 per year. That's $377 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% | $3,502 |
| Williamson County | County | 0.3694% | $1,190 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $881 |
| Austin Community College | special | 0.1034% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,103 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $237,706 would pay approximately $1,484 per month (principal and interest only, excluding taxes and insurance).