2203 PENA BLANCA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $580,622 and $761,116, with a best estimate of $688,721. 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
$688,721
$580,919
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 $580,622 and $761,116. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$78,115 for 241 sqft more living space and +$18,845 for being newer. Net adjustment: +$96,960.
Adjusted -$53,481 for 165 sqft less living space and -$6,282 for being older. Net adjustment: -$59,763.
Adjusted +$182,161 for 562 sqft more living space. Net adjustment: +$182,161.
Adjusted +$88,163 for 272 sqft more living space and +$12,563 for being newer. Net adjustment: +$100,726.
Adjusted +$212,629 for 656 sqft more living space. Net adjustment: +$212,629.
The Neighborhood
This home is valued 17.1% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
above averageThis home is +17.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,811 across all districts. With a homestead exemption claimed, that drops to $9,182 — saving $1,629 per year. That's $765 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% | $6,314 |
| Williamson County | County | 0.3694% | $2,146 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,394 |
| Austin Community College | special | 0.1034% | $601 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Upper Brushy Creek WCID | Water | 0.0170% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,811 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $688,721 would pay approximately $4,299 per month (principal and interest only, excluding taxes and insurance).