2112 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $230,297 and $349,722, with a best estimate of $296,873. 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
$296,873
$507,573
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L330590G - Cypress Bend Sec 1. The estimated range of $230,297 and $349,722 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$35,978 for 111 sqft less living space and +$31,408 for being newer. Net adjustment: -$4,570.
Adjusted +$6,807 for 21 sqft more living space and +$6,282 for being newer. Net adjustment: +$13,089.
Adjusted -$5,834 for 18 sqft less living space and +$31,408 for being newer. Net adjustment: +$25,574.
Adjusted -$1,297 for 4 sqft less living space. Net adjustment: -$1,297.
Adjusted -$48,620 for 150 sqft less living space and +$31,408 for being newer. Net adjustment: -$17,212.
The Neighborhood
This home is valued 2.3% 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
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,446 across all districts. With a homestead exemption claimed, that drops to $7,831 — saving $1,615 per year. That's $653 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% | $5,517 |
| Williamson County | County | 0.3694% | $1,875 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,218 |
| Austin Community College | special | 0.1034% | $525 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,446 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $296,873 would pay approximately $1,853 per month (principal and interest only, excluding taxes and insurance).