1609 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $284,935 and $570,663, with a best estimate of $557,585. 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
$557,585
$628,008
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 $284,935 and $570,663. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$162,065 for 500 sqft less living space. Net adjustment: -$162,065.
Adjusted +$37,275 for 115 sqft more living space. Net adjustment: +$37,275.
Adjusted +$33,061 for 102 sqft more living space and -$3,150 for no pool. Net adjustment: +$29,911.
Adjusted -$69,688 for 215 sqft less living space. Net adjustment: -$69,688.
Adjusted +$45,378 for 140 sqft more living space and +$6,282 for being newer. Net adjustment: +$51,660.
The Neighborhood
This home is valued 26.6% 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 +26.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,688 across all districts. With a homestead exemption claimed, that drops to $10,050 — saving $1,638 per year. That's $838 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% | $6,826 |
| Williamson County | County | 0.3694% | $2,320 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,507 |
| Austin Community College | special | 0.1034% | $649 |
| Williamson County FM/Rd | County | 0.0443% | $278 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,688 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,585 would pay approximately $3,480 per month (principal and interest only, excluding taxes and insurance).