1613 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $255,024 and $598,097, with a best estimate of $540,752. 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
$540,752
$527,674
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 $255,024 and $598,097. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$195,126 for 602 sqft less living space and +$3,150 for having a pool. Net adjustment: -$191,976.
Adjusted -$14,262 for 44 sqft less living space and +$6,282 for being newer and +$3,150 for having a pool. Net adjustment: -$4,830.
Adjusted -$33,061 for 102 sqft less living space and +$3,150 for having a pool. Net adjustment: -$29,911.
Adjusted +$4,214 for 13 sqft more living space and +$3,150 for having a pool. Net adjustment: +$7,364.
Adjusted +$12,317 for 38 sqft more living space and +$6,282 for being newer and +$3,150 for having a pool. Net adjustment: +$21,749.
The Neighborhood
This home is valued 6.4% 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 +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,820 across all districts. With a homestead exemption claimed, that drops to $8,201 — saving $1,619 per year. That's $683 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% | $5,735 |
| Williamson County | County | 0.3694% | $1,949 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,266 |
| Austin Community College | special | 0.1034% | $546 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,820 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $540,752 would pay approximately $3,375 per month (principal and interest only, excluding taxes and insurance).