702 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $340,504 and $908,654, with a best estimate of $729,544. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$729,544
$284,681
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $340,504 and $908,654. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,086 for 18 sqft more living space. Net adjustment: +$5,086.
Adjusted -$219,815 for 778 sqft less living space. Net adjustment: -$219,815.
Adjusted -$54,247 for 192 sqft less living space. Net adjustment: -$54,247.
Adjusted -$38,708 for 137 sqft less living space. Net adjustment: -$38,708.
Adjusted +$848 for 3 sqft more living space and -$40,430 for being older. Net adjustment: -$39,582.
The Neighborhood
This home is valued 42.6% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -42.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,640 across all districts. With a homestead exemption claimed, that drops to $4,047 — saving $1,593 per year. That's $337 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% | $3,094 |
| Williamson County | County | 0.3694% | $1,052 |
| Cedar Park | City | 0.3600% | $1,025 |
| Austin Community College | special | 0.1034% | $294 |
| Williamson County FM/Rd | County | 0.0443% | $126 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,640 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $729,544 would pay approximately $4,554 per month (principal and interest only, excluding taxes and insurance).