1611 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $395,120 and $790,073, with a best estimate of $732,728. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$732,728
$447,000
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L330590G - Cypress Bend Sec 1, this home's estimated market value is between $395,120 and $790,073. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$162,065 for 500 sqft more living space. Net adjustment: +$162,065.
Adjusted +$195,126 for 602 sqft more living space and -$3,150 for no pool. Net adjustment: +$191,976.
Adjusted +$180,865 for 558 sqft more living space and +$6,282 for being newer. Net adjustment: +$187,147.
Adjusted -$101,777 for 314 sqft less living space and +$6,282 for being newer. Net adjustment: -$95,495.
Adjusted +$207,443 for 640 sqft more living space and +$6,282 for being newer. Net adjustment: +$213,725.
The Neighborhood
This home is valued 9.9% 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 -9.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,319 across all districts. With a homestead exemption claimed, that drops to $6,715 — saving $1,604 per year. That's $560 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% | $4,858 |
| Williamson County | County | 0.3694% | $1,651 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,073 |
| Austin Community College | special | 0.1034% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,319 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $732,728 would pay approximately $4,574 per month (principal and interest only, excluding taxes and insurance).