2602 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $142,432 and $267,559, with a best estimate of $249,939. That places the property below 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
$249,939
$235,512
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L323D82I - Cedar Park Ranchettes #6 & 6A, this home's estimated market value is between $142,432 and $267,559. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,470 for 34 sqft more living space and +$2,961 for being newer. Net adjustment: +$9,431.
Adjusted -$67,362 for 354 sqft less living space and +$2,961 for being newer. Net adjustment: -$64,401.
Adjusted +$29,114 for 153 sqft more living space and +$11,843 for being newer. Net adjustment: +$40,957.
Adjusted -$19,409 for 102 sqft less living space and +$2,961 for being newer. Net adjustment: -$16,448.
Adjusted +$46,811 for 246 sqft more living space and -$26,647 for being older. Net adjustment: +$20,164.
The Neighborhood
This home is valued 7.4% below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,495 across all districts. With a homestead exemption claimed, that drops to $1,923 — saving $1,572 per year. That's $160 per month a buyer should budget. The assessed value increased +46.8% vs the subdivision average of +21.6%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $1,918 |
| Williamson County | County | 0.3694% | $652 |
| Cedar Park | City | 0.3600% | $635 |
| Austin Community College | special | 0.1034% | $182 |
| Williamson County FM/Rd | County | 0.0443% | $78 |
| Upper Brushy Creek WCID | Water | 0.0170% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,495 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $249,939 would pay approximately $1,560 per month (principal and interest only, excluding taxes and insurance).