1604 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $401,830 and $833,113, with a best estimate of $520,440. 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
$520,440
$490,947
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $401,830 and $833,113. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$30,144 for 93 sqft more living space and -$18,845 for being older. Net adjustment: +$11,299.
Adjusted +$116,687 for 360 sqft more living space. Net adjustment: +$116,687.
Adjusted +$102,101 for 315 sqft more living space and -$12,563 for being older. Net adjustment: +$89,538.
Adjusted +$303,710 for 937 sqft more living space and -$12,563 for being older. Net adjustment: +$291,147.
Adjusted +$56,074 for 173 sqft more living space and -$18,845 for being older. Net adjustment: +$37,229.
The Neighborhood
This home is in line with the L330590G - Cypress Bend Sec 1 median of $496,124. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -1.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,137 across all districts. With a homestead exemption claimed, that drops to $7,525 — saving $1,612 per year. That's $627 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% | $5,336 |
| Williamson County | County | 0.3694% | $1,814 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,178 |
| Austin Community College | special | 0.1034% | $508 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,137 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,440 would pay approximately $3,249 per month (principal and interest only, excluding taxes and insurance).