2117 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $220,607 and $596,287, with a best estimate of $310,404. 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
$310,404
$589,134
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $220,607 and $596,287 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$23,337 for 72 sqft more living space and -$12,563 for being older. Net adjustment: +$10,774.
Adjusted -$284,586 for 878 sqft less living space. Net adjustment: -$284,586.
Adjusted -$3,241 for 10 sqft less living space and -$31,408 for being older. Net adjustment: -$34,649.
Adjusted -$73,253 for 226 sqft less living space and -$6,282 for being older. Net adjustment: -$79,535.
Adjusted -$170,817 for 527 sqft less living space and +$6,282 for being newer. Net adjustment: -$164,535.
The Neighborhood
This home is valued 18.7% 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 +18.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,964 across all districts. With a homestead exemption claimed, that drops to $9,334 — saving $1,630 per year. That's $778 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% | $6,403 |
| Williamson County | County | 0.3694% | $2,177 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,414 |
| Austin Community College | special | 0.1034% | $609 |
| Williamson County FM/Rd | County | 0.0443% | $261 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,964 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,404 would pay approximately $1,938 per month (principal and interest only, excluding taxes and insurance).