1617 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $487,482 and $567,682, with a best estimate of $542,495. 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
$542,495
$490,615
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L330590G - Cypress Bend Sec 1, this home's estimated market value is between $487,482 and $567,682. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$101,777 for 314 sqft more living space and -$6,282 for being older. Net adjustment: +$95,495.
Adjusted -$6,483 for 20 sqft less living space. Net adjustment: -$6,483.
Adjusted -$7,779 for 24 sqft less living space. Net adjustment: -$7,779.
Adjusted +$194,154 for 599 sqft more living space and -$6,282 for being older. Net adjustment: +$187,872.
Adjusted +$146,507 for 452 sqft more living space. Net adjustment: +$146,507.
The Neighborhood
This home is valued 1.1% 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 -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,131 across all districts. With a homestead exemption claimed, that drops to $7,518 — saving $1,613 per year. That's $627 per month a buyer should budget. The assessed value increased +6.4% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 48 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,332 |
| Williamson County | County | 0.3694% | $1,813 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,177 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,131 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $542,495 would pay approximately $3,386 per month (principal and interest only, excluding taxes and insurance).