3000 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,738 and $437,989, with a best estimate of $316,341. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$316,341
$322,084
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn, this home's estimated market value is between $280,738 and $437,989. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,934 for 265 sqft more living space. Net adjustment: +$76,934.
Adjusted -$33,387 for 115 sqft less living space. Net adjustment: -$33,387.
Adjusted -$66,192 for 228 sqft less living space. Net adjustment: -$66,192.
Adjusted -$22,645 for 78 sqft less living space. Net adjustment: -$22,645.
Adjusted -$49,354 for 170 sqft less living space. Net adjustment: -$49,354.
The Neighborhood
This home is valued 14.4% below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is -14.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,102 across all districts. With a homestead exemption claimed, that drops to $4,521 — saving $1,581 per year. That's $377 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% | $3,501 |
| Williamson County | County | 0.3694% | $1,190 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $881 |
| Austin Community College | special | 0.1034% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,102 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,341 would pay approximately $1,975 per month (principal and interest only, excluding taxes and insurance).