1602 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $5,375 and $446,384, with a best estimate of $413,202. 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
$413,202
$455,272
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $5,375 and $446,384 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$66,123 for 204 sqft less living space. Net adjustment: -$66,123.
Adjusted +$26,579 for 82 sqft more living space and +$6,282 for being newer. Net adjustment: +$32,861.
Adjusted -$6,807 for 21 sqft less living space and +$50,252 for being newer. Net adjustment: +$43,445.
Adjusted -$481,981 for 1,487 sqft less living space. Net adjustment: -$481,981.
Adjusted -$51,213 for 158 sqft less living space and -$56,534 for being older. Net adjustment: -$107,747.
The Neighborhood
This home is valued 8.2% 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 -8.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,019 across all districts. With a homestead exemption claimed, that drops to $7,396 — saving $1,623 per year. That's $616 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% | $4,948 |
| Williamson County | County | 0.3694% | $1,682 |
| Cedar Park | City | 0.3600% | $1,639 |
| Austin Community College | special | 0.1034% | $471 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,019 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $413,202 would pay approximately $2,579 per month (principal and interest only, excluding taxes and insurance).