1615 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $349,154 and $546,144, with a best estimate of $534,211. 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
$534,211
$617,611
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $349,154 and $546,144. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$55,426 for 171 sqft more living space and -$18,845 for being older. Net adjustment: +$36,581.
Adjusted -$25,126 for being older. Net adjustment: -$25,126.
Adjusted +$25,930 for 80 sqft more living space and +$18,845 for being newer. Net adjustment: +$44,775.
Adjusted +$56,074 for 173 sqft more living space and +$12,563 for being newer. Net adjustment: +$68,637.
Adjusted +$2,917 for 9 sqft more living space and -$6,282 for being older. Net adjustment: -$3,365.
The Neighborhood
This home is valued 24.5% 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 +24.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,494 across all districts. With a homestead exemption claimed, that drops to $9,858 — saving $1,636 per year. That's $822 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% | $6,713 |
| Williamson County | County | 0.3694% | $2,282 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,482 |
| Austin Community College | special | 0.1034% | $639 |
| Williamson County FM/Rd | County | 0.0443% | $274 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,494 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $534,211 would pay approximately $3,335 per month (principal and interest only, excluding taxes and insurance).