1614 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $496,405 and $677,575, with a best estimate of $596,905. 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
$596,905
$437,794
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 $496,405 and $677,575. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$115,390 for 356 sqft more living space and -$18,845 for being older. Net adjustment: +$96,545.
Adjusted +$59,964 for 185 sqft more living space and -$25,126 for being older. Net adjustment: +$34,838.
Adjusted +$116,039 for 358 sqft more living space and +$12,563 for being newer. Net adjustment: +$128,602.
Adjusted +$59,964 for 185 sqft more living space. Net adjustment: +$59,964.
Adjusted -$23,337 for 72 sqft less living space and -$25,126 for being older. Net adjustment: -$48,463.
The Neighborhood
This home is valued 11.8% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -11.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,148 across all districts. With a homestead exemption claimed, that drops to $6,545 — saving $1,603 per year. That's $545 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% | $4,758 |
| Williamson County | County | 0.3694% | $1,617 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,051 |
| Austin Community College | special | 0.1034% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,148 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $596,905 would pay approximately $3,726 per month (principal and interest only, excluding taxes and insurance).