1607 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $334,717 and $657,121, with a best estimate of $516,291. 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
$516,291
$504,130
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 $334,717 and $657,121. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$32,413 for 100 sqft less living space. Net adjustment: -$32,413.
Adjusted +$1,621 for 5 sqft more living space and -$62,815 for being older. Net adjustment: -$61,194.
Adjusted +$324 for 1 sqft more living space and +$6,282 for being newer. Net adjustment: +$6,606.
Adjusted -$9,400 for 29 sqft less living space and +$6,282 for being newer. Net adjustment: -$3,118.
Adjusted -$12,641 for 39 sqft less living space. Net adjustment: -$12,641.
The Neighborhood
This home is valued 1.6% 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 +1.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,382 across all districts. With a homestead exemption claimed, that drops to $7,767 — saving $1,615 per year. That's $647 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% | $5,479 |
| Williamson County | County | 0.3694% | $1,862 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,210 |
| Austin Community College | special | 0.1034% | $521 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,382 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,291 would pay approximately $3,223 per month (principal and interest only, excluding taxes and insurance).