2214 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $309,626 and $399,691, with a best estimate of $341,233. 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
$341,233
$451,468
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L330590G - Cypress Bend Sec 1. The estimated range of $309,626 and $399,691 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$26,255 for 81 sqft more living space and -$43,971 for being older. Net adjustment: -$17,716.
Adjusted -$50,564 for 156 sqft less living space and -$18,845 for being older. Net adjustment: -$69,409.
Adjusted -$31,116 for 96 sqft less living space and +$12,563 for being newer. Net adjustment: -$18,553.
Adjusted -$79,412 for 245 sqft less living space and +$12,563 for being newer. Net adjustment: -$66,849.
Adjusted +$38,896 for 120 sqft more living space and -$12,563 for being older. Net adjustment: +$26,333.
The Neighborhood
This home is valued 9.0% 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 -9.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,402 across all districts. With a homestead exemption claimed, that drops to $6,797 — saving $1,605 per year. That's $566 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% | $4,907 |
| Williamson County | County | 0.3694% | $1,668 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,084 |
| Austin Community College | special | 0.1034% | $467 |
| Williamson County FM/Rd | County | 0.0443% | $200 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,402 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,233 would pay approximately $2,130 per month (principal and interest only, excluding taxes and insurance).