2205 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $268,244 and $392,705, with a best estimate of $299,959. 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
$299,959
$317,689
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L251496F - GANN RANCH SEC 1 & 2. The estimated range of $268,244 and $392,705 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$10,142 for 44 sqft less living space and +$56,272 for being newer. Net adjustment: +$46,130.
Adjusted +$13,369 for 58 sqft more living space. Net adjustment: +$13,369.
Adjusted -$4,840 for 21 sqft less living space and -$12,505 for being older. Net adjustment: -$17,345.
Adjusted -$30,656 for 133 sqft less living space and -$25,010 for being older. Net adjustment: -$55,666.
Adjusted +$7,145 for 31 sqft more living space. Net adjustment: +$7,145.
The Neighborhood
This home is valued 10.5% 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 -10.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,294 across all districts. With a homestead exemption claimed, that drops to $4,695 — saving $1,599 per year. That's $391 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% | $3,453 |
| Williamson County | County | 0.3694% | $1,174 |
| Cedar Park | City | 0.3600% | $1,144 |
| Austin Community College | special | 0.1034% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,294 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $299,959 would pay approximately $1,872 per month (principal and interest only, excluding taxes and insurance).