2302 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $266,456 and $388,989, with a best estimate of $296,243. 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
$296,243
$307,056
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 $266,456 and $388,989. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,606 for 33 sqft less living space and +$50,020 for being newer. Net adjustment: +$42,414.
Adjusted +$15,904 for 69 sqft more living space and -$6,252 for being older. Net adjustment: +$9,652.
Adjusted -$2,305 for 10 sqft less living space and -$18,757 for being older. Net adjustment: -$21,062.
Adjusted +$9,681 for 42 sqft more living space and -$6,252 for being older. Net adjustment: +$3,429.
Adjusted -$35,036 for 152 sqft less living space and -$6,252 for being older. Net adjustment: -$41,288.
The Neighborhood
This home is valued 13.5% below the L251496F - GANN RANCH SEC 1 & 2 median of $355,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.
L251496F - GANN RANCH SEC 1 & 2
typicalThis home is -13.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,083 across all districts. With a homestead exemption claimed, that drops to $4,487 — saving $1,596 per year. That's $374 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% | $3,337 |
| Williamson County | County | 0.3694% | $1,134 |
| Cedar Park | City | 0.3600% | $1,105 |
| Austin Community College | special | 0.1034% | $317 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,083 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $296,243 would pay approximately $1,849 per month (principal and interest only, excluding taxes and insurance).