1601 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $490,908 and $700,656, with a best estimate of $566,385. 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
$566,385
$553,702
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 $490,908 and $700,656. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$94,322 for 291 sqft more living space. Net adjustment: +$94,322.
Adjusted +$192,857 for 595 sqft more living space and -$6,282 for being older. Net adjustment: +$186,575.
Adjusted +$90,432 for 279 sqft more living space and -$12,563 for being older. Net adjustment: +$77,869.
Adjusted +$145,210 for 448 sqft more living space. Net adjustment: +$145,210.
Adjusted -$9,076 for 28 sqft less living space. Net adjustment: -$9,076.
The Neighborhood
This home is valued 11.6% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is +11.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,305 across all districts. With a homestead exemption claimed, that drops to $8,681 — saving $1,624 per year. That's $723 per month a buyer should budget. The assessed value increased +5.9% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,018 |
| Williamson County | County | 0.3694% | $2,046 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,329 |
| Austin Community College | special | 0.1034% | $573 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,305 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $566,385 would pay approximately $3,535 per month (principal and interest only, excluding taxes and insurance).