2403 CORBIN WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $374,908 and $582,728, with a best estimate of $524,045. 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
$524,045
$391,080
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L251496F - GANN RANCH SEC 1 & 2. The estimated range of $374,908 and $582,728 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$39,415 for 171 sqft more living space and +$12,505 for being newer. Net adjustment: +$51,920.
Adjusted +$112,945 for 490 sqft more living space. Net adjustment: +$112,945.
Adjusted -$47,022 for 204 sqft less living space and -$12,505 for being older. Net adjustment: -$59,527.
Adjusted -$21,897 for 95 sqft less living space and +$18,757 for being newer. Net adjustment: -$3,140.
Adjusted -$22,589 for 98 sqft less living space and -$81,282 for being older. Net adjustment: -$103,871.
The Neighborhood
This home is valued 10.2% 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
typicalThis home is +10.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,748 across all districts. With a homestead exemption claimed, that drops to $6,136 — saving $1,612 per year. That's $511 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% | $4,251 |
| Williamson County | County | 0.3694% | $1,445 |
| Cedar Park | City | 0.3600% | $1,408 |
| Austin Community College | special | 0.1034% | $404 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,748 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $524,045 would pay approximately $3,271 per month (principal and interest only, excluding taxes and insurance).