2507 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $429,012 and $933,840, with a best estimate of $487,873. That places the property above the L217X - Leander - Duplex median of $476,908, in a neighborhood that appreciated 2.7% over the past year.
Estimated Value Range
$487,873
$487,873
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L217X - Leander - Duplex. The estimated range of $429,012 and $933,840 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$54,405 for 260 sqft less living space and -$19,677 for being older. Net adjustment: -$74,082.
This comparable closely matches the subject property's features.
Adjusted +$11,299 for 54 sqft more living space and -$32,794 for being older. Net adjustment: -$21,495.
Adjusted +$17,158 for 82 sqft more living space and -$32,794 for being older. Net adjustment: -$15,636.
Adjusted -$7,533 for 36 sqft less living space and +$13,118 for being newer. Net adjustment: +$5,585.
The Neighborhood
This home is valued 2.3% above the L217X - Leander - Duplex median of $476,908. With 76 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.7% over the past year.
L217X - Leander - Duplex
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,665 across all districts. With a homestead exemption claimed, that drops to $8,035 — saving $1,630 per year. That's $670 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% | $5,303 |
| Williamson County | County | 0.3694% | $1,802 |
| Cedar Park | City | 0.3600% | $1,756 |
| Austin Community College | special | 0.1034% | $504 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,665 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,873 would pay approximately $3,045 per month (principal and interest only, excluding taxes and insurance).