1513 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $454,673 and $655,702, with a best estimate of $636,076. 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
$636,076
$640,829
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 $454,673 and $655,702. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,289 for 41 sqft more living space. Net adjustment: +$13,289.
Adjusted +$78,764 for 243 sqft more living space. Net adjustment: +$78,764.
Adjusted +$78,764 for 243 sqft more living space. Net adjustment: +$78,764.
Adjusted +$16,855 for 52 sqft more living space. Net adjustment: +$16,855.
Adjusted +$13,289 for 41 sqft more living space and -$6,282 for being older. Net adjustment: +$7,007.
The Neighborhood
This home is valued 29.2% 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 +29.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,926 across all districts. With a homestead exemption claimed, that drops to $10,286 — saving $1,640 per year. That's $857 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% | $6,965 |
| Williamson County | County | 0.3694% | $2,368 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,538 |
| Austin Community College | special | 0.1034% | $663 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,926 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $636,076 would pay approximately $3,970 per month (principal and interest only, excluding taxes and insurance).