3006 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $281,736 and $438,987, with a best estimate of $317,339. 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
$317,339
$322,182
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 $281,736 and $438,987. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$73,450 for 253 sqft more living space and +$4,482 for being newer. Net adjustment: +$77,932.
Adjusted -$36,870 for 127 sqft less living space and +$4,482 for being newer. Net adjustment: -$32,388.
Adjusted -$69,676 for 240 sqft less living space and +$4,482 for being newer. Net adjustment: -$65,194.
Adjusted -$26,129 for 90 sqft less living space and +$4,482 for being newer. Net adjustment: -$21,647.
Adjusted -$52,838 for 182 sqft less living space and +$4,482 for being newer. Net adjustment: -$48,356.
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 $6,104 across all districts. With a homestead exemption claimed, that drops to $4,522 — saving $1,582 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% | $6,104 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $317,339 would pay approximately $1,981 per month (principal and interest only, excluding taxes and insurance).