2407 BRANUM DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $292,943 and $606,949, with a best estimate of $440,025. That places the property above 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
$440,025
$479,094
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $292,943 and $606,949. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$104,877 for 455 sqft more living space and +$31,262 for being newer. Net adjustment: +$136,139.
Adjusted -$6,454 for 28 sqft less living space and -$50,020 for being older. Net adjustment: -$56,474.
Adjusted +$21,436 for 93 sqft more living space. Net adjustment: +$21,436.
Adjusted +$121,243 for 526 sqft more living space. Net adjustment: +$121,243.
Adjusted -$61,082 for 265 sqft less living space and -$25,010 for being older. Net adjustment: -$86,092.
The Neighborhood
This home is valued 34.9% above the L251496F - GANN RANCH SEC 1 & 2 median of $355,028. With 369 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.
L251496F - GANN RANCH SEC 1 & 2
above averageThis home is +34.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,491 across all districts. With a homestead exemption claimed, that drops to $7,863 — saving $1,628 per year. That's $655 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% | $5,207 |
| Williamson County | County | 0.3694% | $1,770 |
| Cedar Park | City | 0.3600% | $1,725 |
| Austin Community College | special | 0.1034% | $495 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,025 would pay approximately $2,747 per month (principal and interest only, excluding taxes and insurance).