1818 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $310,720 and $403,405, with a best estimate of $354,836. That places the property below the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$354,836
$428,587
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 $310,720 and $403,405. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$21,393 for 66 sqft less living space and +$6,282 for being newer. Net adjustment: -$15,111.
Adjusted -$93,998 for 290 sqft less living space and -$37,689 for being older. Net adjustment: -$131,687.
Adjusted -$6,158 for 19 sqft less living space and +$37,689 for being newer. Net adjustment: +$31,531.
Adjusted -$157,851 for 487 sqft less living space and -$18,845 for being older. Net adjustment: -$176,696.
Adjusted -$160,444 for 495 sqft less living space and -$37,689 for being older. Net adjustment: -$198,133.
The Neighborhood
This home is valued 13.6% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,491 across all districts. With a homestead exemption claimed, that drops to $6,872 — saving $1,619 per year. That's $573 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% | $4,658 |
| Williamson County | County | 0.3694% | $1,583 |
| Cedar Park | City | 0.3600% | $1,543 |
| Austin Community College | special | 0.1034% | $443 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $354,836 would pay approximately $2,215 per month (principal and interest only, excluding taxes and insurance).