705 MARQUIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $554,041 and $1,136,104, with a best estimate of $929,427. 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
$929,427
$1,057,910
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 $554,041 and $1,136,104. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$37,860 for 134 sqft more living space. Net adjustment: +$37,860.
Adjusted +$176,021 for 623 sqft more living space and -$12,864 for being older. Net adjustment: +$163,157.
Adjusted -$32,209 for 114 sqft less living space and -$38,593 for being older. Net adjustment: -$70,802.
Adjusted -$200,602 for 710 sqft less living space and -$25,728 for being older. Net adjustment: -$226,330.
Adjusted -$22,038 for 78 sqft less living space and +$1,838 for being newer. Net adjustment: -$20,200.
The Neighborhood
This home is valued 113.4% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
outlier highThis home is +113.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,958 across all districts. With a homestead exemption claimed, that drops to $19,203 — saving $1,755 per year. That's $1,600 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% | $11,498 |
| Williamson County | County | 0.3694% | $3,908 |
| Cedar Park | City | 0.3600% | $3,808 |
| Austin Community College | special | 0.1034% | $1,094 |
| Williamson County FM/Rd | County | 0.0443% | $469 |
| Upper Brushy Creek WCID | Water | 0.0170% | $180 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $20,958 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $929,427 would pay approximately $5,801 per month (principal and interest only, excluding taxes and insurance).