2411 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $257,842 and $387,950, with a best estimate of $291,342. That places the property below the L251496F - GANN RANCH SEC 1 & 2 median of $355,028, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$291,342
$381,838
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $257,842 and $387,950. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$23,972 for 104 sqft less living space and +$25,010 for being newer. Net adjustment: +$1,038.
Adjusted -$30,195 for 131 sqft less living space and +$25,010 for being newer. Net adjustment: -$5,185.
Adjusted -$74,912 for 325 sqft less living space and +$25,010 for being newer. Net adjustment: -$49,902.
Adjusted +$9,450 for 41 sqft more living space and -$6,252 for being older. Net adjustment: +$3,198.
Adjusted -$61,543 for 267 sqft less living space and -$12,505 for being older. Net adjustment: -$74,048.
The Neighborhood
This home is valued 7.6% above the L251496F - GANN RANCH SEC 1 & 2 median of $355,028. With 369 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.
L251496F - GANN RANCH SEC 1 & 2
typicalThis home is +7.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,565 across all districts. With a homestead exemption claimed, that drops to $5,954 — saving $1,611 per year. That's $496 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% | $4,150 |
| Williamson County | County | 0.3694% | $1,411 |
| Cedar Park | City | 0.3600% | $1,375 |
| Austin Community College | special | 0.1034% | $395 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,565 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $291,342 would pay approximately $1,819 per month (principal and interest only, excluding taxes and insurance).