3011 RED BAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $330,092 and $487,343, with a best estimate of $388,254. That places the property above 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
$388,254
$362,340
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 $330,092 and $487,343. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$126,288 for 435 sqft more living space. Net adjustment: +$126,288.
Adjusted +$15,967 for 55 sqft more living space. Net adjustment: +$15,967.
Adjusted -$16,838 for 58 sqft less living space. Net adjustment: -$16,838.
Adjusted +$26,709 for 92 sqft more living space. Net adjustment: +$26,709.
Adjusted +$23,806 for 82 sqft more living space. Net adjustment: +$23,806.
The Neighborhood
This home is valued 3.8% 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 -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,864 across all districts. With a homestead exemption claimed, that drops to $5,276 — saving $1,588 per year. That's $440 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% | $3,938 |
| Williamson County | County | 0.3694% | $1,339 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $991 |
| Austin Community College | special | 0.1034% | $375 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,864 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $388,254 would pay approximately $2,423 per month (principal and interest only, excluding taxes and insurance).