2203 COLINAS VERDAS RD, CEDAR PARK, TX 78641
CEDAR PARK, 78641 — williamson County
Property at a Glance
This home is estimated between $565,603 and $822,438, with a best estimate of $684,957. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$684,957
$610,786
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $565,603 and $822,438. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$77,233 for 303 sqft more living space and +$13,844 for being newer. Net adjustment: +$91,077.
Adjusted -$107,821 for 423 sqft less living space. Net adjustment: -$107,821.
Adjusted +$92,017 for 361 sqft more living space and +$13,844 for being newer. Net adjustment: +$105,861.
Adjusted +$35,940 for 141 sqft more living space. Net adjustment: +$35,940.
Adjusted -$2,039 for 8 sqft less living space and -$13,844 for being older. Net adjustment: -$15,883.
The Neighborhood
This home is valued 8.2% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -8.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,100 across all districts. With a homestead exemption claimed, that drops to $10,444 — saving $1,656 per year. That's $870 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% | $6,639 |
| Williamson County | County | 0.3694% | $2,257 |
| Cedar Park | City | 0.3600% | $2,199 |
| Austin Community College | special | 0.1034% | $632 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,100 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $684,957 would pay approximately $4,275 per month (principal and interest only, excluding taxes and insurance).