1512 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $155,300 and $406,651, with a best estimate of $342,336. 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
$342,336
$485,948
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L330590G - Cypress Bend Sec 1. The estimated range of $155,300 and $406,651 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$51,537 for 159 sqft less living space and -$25,126 for being older. Net adjustment: -$76,663.
Adjusted +$41,165 for 127 sqft more living space and -$69,097 for being older. Net adjustment: -$27,932.
Adjusted +$62,557 for 193 sqft more living space and -$69,097 for being older. Net adjustment: -$6,540.
Adjusted -$141,969 for 438 sqft less living space and -$12,563 for being older. Net adjustment: -$154,532.
Adjusted +$62,557 for 193 sqft more living space and -$18,845 for being older. Net adjustment: +$43,712.
The Neighborhood
This home is valued 2.1% 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 -2.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,627 across all districts. With a homestead exemption claimed, that drops to $7,998 — saving $1,629 per year. That's $667 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% | $5,282 |
| Williamson County | County | 0.3694% | $1,795 |
| Cedar Park | City | 0.3600% | $1,749 |
| Austin Community College | special | 0.1034% | $502 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,627 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,336 would pay approximately $2,137 per month (principal and interest only, excluding taxes and insurance).