2508 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $111,351 and $236,478, with a best estimate of $218,858. 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
$218,858
$176,869
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L323D82I - Cedar Park Ranchettes #6 & 6A, this home's estimated market value is between $111,351 and $236,478. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,324 for 49 sqft less living space and +$2,961 for being newer and -$15,287 for no garage. Net adjustment: -$21,650.
Adjusted -$83,156 for 437 sqft less living space and +$2,961 for being newer and -$15,287 for no garage. Net adjustment: -$95,482.
Adjusted +$13,320 for 70 sqft more living space and +$11,843 for being newer and -$15,287 for no garage. Net adjustment: +$9,876.
Adjusted -$35,204 for 185 sqft less living space and +$2,961 for being newer and -$15,287 for no garage. Net adjustment: -$47,530.
Adjusted +$31,017 for 163 sqft more living space and -$26,647 for being older and -$15,287 for no garage. Net adjustment: -$10,917.
The Neighborhood
This home is valued 30.5% 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
below averageThis home is -30.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,475 across all districts. With a homestead exemption claimed, that drops to $1,903 — saving $1,572 per year. That's $159 per month a buyer should budget. The assessed value increased +21.0% vs the subdivision average of +21.6%. This increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $1,906 |
| Williamson County | County | 0.3694% | $648 |
| Cedar Park | City | 0.3600% | $631 |
| Austin Community College | special | 0.1034% | $181 |
| Williamson County FM/Rd | County | 0.0443% | $78 |
| Upper Brushy Creek WCID | Water | 0.0170% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $218,858 would pay approximately $1,366 per month (principal and interest only, excluding taxes and insurance).