1812 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $410,428 and $518,908, with a best estimate of $454,545. 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
$454,545
$458,619
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $410,428 and $518,908. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$84,598 for 261 sqft more living space. Net adjustment: +$84,598.
Adjusted -$51,861 for 160 sqft less living space and -$25,126 for being older. Net adjustment: -$76,987.
Adjusted -$9,724 for 30 sqft less living space and -$31,408 for being older. Net adjustment: -$41,132.
Adjusted +$11,993 for 37 sqft more living space and -$43,971 for being older. Net adjustment: -$31,978.
Adjusted -$54,454 for 168 sqft less living space and -$43,971 for being older. Net adjustment: -$98,425.
The Neighborhood
This home is valued 7.6% 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 -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,086 across all districts. With a homestead exemption claimed, that drops to $7,461 — saving $1,625 per year. That's $622 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% | $4,985 |
| Williamson County | County | 0.3694% | $1,694 |
| Cedar Park | City | 0.3600% | $1,651 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,086 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,545 would pay approximately $2,837 per month (principal and interest only, excluding taxes and insurance).