1610 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $233,275 and $576,348, with a best estimate of $505,925. 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
$505,925
$519,003
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 $233,275 and $576,348. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$162,713 for 502 sqft less living space. Net adjustment: -$162,713.
Adjusted -$45,378 for 140 sqft less living space and -$6,282 for being older. Net adjustment: -$51,660.
Adjusted -$12,317 for 38 sqft less living space and -$6,282 for being older and -$3,150 for no pool. Net adjustment: -$21,749.
Adjusted -$207,443 for 640 sqft less living space and -$6,282 for being older. Net adjustment: -$213,725.
Adjusted -$8,103 for 25 sqft less living space and -$6,282 for being older. Net adjustment: -$14,385.
The Neighborhood
This home is valued 4.6% 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 +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,659 across all districts. With a homestead exemption claimed, that drops to $8,042 — saving $1,617 per year. That's $670 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% | $5,641 |
| Williamson County | County | 0.3694% | $1,917 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,246 |
| Austin Community College | special | 0.1034% | $537 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,659 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $505,925 would pay approximately $3,158 per month (principal and interest only, excluding taxes and insurance).