401 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $530,118 and $861,137, with a best estimate of $623,221. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$623,221
$618,457
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $530,118 and $861,137. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$205,970 for 729 sqft less living space and -$3,675 for being older. Net adjustment: -$209,645.
Adjusted +$37,012 for 131 sqft more living space and -$1,838 for being older. Net adjustment: +$35,174.
Adjusted -$67,809 for 240 sqft less living space and -$16,540 for being older. Net adjustment: -$84,349.
Adjusted -$74,307 for 263 sqft less living space and +$44,106 for being newer. Net adjustment: -$30,201.
Adjusted +$68,374 for 242 sqft more living space and -$3,675 for being older. Net adjustment: +$64,699.
The Neighborhood
This home is valued 24.7% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +24.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,252 across all districts. With a homestead exemption claimed, that drops to $10,594 — saving $1,658 per year. That's $883 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% | $6,722 |
| Williamson County | County | 0.3694% | $2,285 |
| Cedar Park | City | 0.3600% | $2,226 |
| Austin Community College | special | 0.1034% | $639 |
| Williamson County FM/Rd | County | 0.0443% | $274 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,252 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $623,221 would pay approximately $3,890 per month (principal and interest only, excluding taxes and insurance).