1702 CLAY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $289,832 and $665,354, with a best estimate of $392,009. That places the property below the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$392,009
$596,677
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $289,832 and $665,354. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$163,686 for 505 sqft more living space and +$6,282 for being newer. Net adjustment: +$169,968.
Adjusted -$112,149 for 346 sqft less living space. Net adjustment: -$112,149.
Adjusted -$183,782 for 567 sqft less living space and -$6,282 for being older. Net adjustment: -$190,064.
Adjusted -$47,971 for 148 sqft less living space and -$6,282 for being older. Net adjustment: -$54,253.
Adjusted +$38,571 for 119 sqft more living space and -$18,845 for being older. Net adjustment: +$19,726.
The Neighborhood
This home is valued 20.3% 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
above averageThis home is +20.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,821 across all districts. With a homestead exemption claimed, that drops to $10,167 — saving $1,654 per year. That's $847 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% | $6,485 |
| Williamson County | County | 0.3694% | $2,204 |
| Cedar Park | City | 0.3600% | $2,148 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,821 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $392,009 would pay approximately $2,447 per month (principal and interest only, excluding taxes and insurance).