2702 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $158,880 and $488,361, with a best estimate of $284,008. That places the property above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$284,008
$256,341
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $158,880 and $488,361. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$25,879 for 136 sqft more living space. Net adjustment: +$25,879.
Adjusted -$47,953 for 252 sqft less living space. Net adjustment: -$47,953.
Adjusted +$48,524 for 255 sqft more living space and +$8,882 for being newer. Net adjustment: +$57,406.
Adjusted -$25,118 for 132 sqft less living space and -$26,647 for being older. Net adjustment: -$51,765.
Adjusted -$8,373 for 44 sqft less living space and -$26,647 for being older. Net adjustment: -$35,020.
The Neighborhood
This home is in line with the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,478 across all districts. With a homestead exemption claimed, that drops to $2,897 — saving $1,581 per year. That's $241 per month a buyer should budget. The assessed value increased +24.7% vs the subdivision average of +21.6%. This above-average increase gives a protest opportunity score of 61 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $2,457 |
| Williamson County | County | 0.3694% | $835 |
| Cedar Park | City | 0.3600% | $814 |
| Austin Community College | special | 0.1034% | $234 |
| Williamson County FM/Rd | County | 0.0443% | $100 |
| Upper Brushy Creek WCID | Water | 0.0170% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,478 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,008 would pay approximately $1,773 per month (principal and interest only, excluding taxes and insurance).