2603 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $101,474 and $220,549, with a best estimate of $208,981. That places the property below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$208,981
$226,602
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $101,474 and $220,549. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$22,644 for 119 sqft less living space and -$8,882 for being older. Net adjustment: -$31,526.
Adjusted -$96,477 for 507 sqft less living space and -$8,882 for being older. Net adjustment: -$105,359.
Adjusted -$48,524 for 255 sqft less living space and -$8,882 for being older. Net adjustment: -$57,406.
Adjusted +$17,697 for 93 sqft more living space and -$38,491 for being older. Net adjustment: -$20,794.
Adjusted +$190 for 1 sqft more living space and -$59,217 for being older. Net adjustment: -$59,027.
The Neighborhood
This home is valued 10.9% below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is -10.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,729 across all districts. With a homestead exemption claimed, that drops to $2,154 — saving $1,575 per year. That's $180 per month a buyer should budget. The assessed value increased +44.5% vs the subdivision average of +21.6%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $2,046 |
| Williamson County | County | 0.3694% | $695 |
| Cedar Park | City | 0.3600% | $678 |
| Austin Community College | special | 0.1034% | $195 |
| Williamson County FM/Rd | County | 0.0443% | $83 |
| Upper Brushy Creek WCID | Water | 0.0170% | $32 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,729 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $208,981 would pay approximately $1,304 per month (principal and interest only, excluding taxes and insurance).