2504 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $207,335 and $524,243, with a best estimate of $314,839. That places the property above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$314,839
$206,833
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 $207,335 and $524,243. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$73,832 for 388 sqft more living space. Net adjustment: +$73,832.
Adjusted +$96,477 for 507 sqft more living space and +$8,882 for being newer. Net adjustment: +$105,359.
Adjusted +$47,953 for 252 sqft more living space. Net adjustment: +$47,953.
Adjusted +$22,835 for 120 sqft more living space and -$26,647 for being older. Net adjustment: -$3,812.
Adjusted -$89,436 for 470 sqft less living space and -$62,177 for being older and +$15,287 for having a garage. Net adjustment: -$136,326.
The Neighborhood
This home is valued 18.7% below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
below averageThis home is -18.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,098 across all districts. With a homestead exemption claimed, that drops to $2,520 — saving $1,578 per year. That's $210 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% | $2,248 |
| Williamson County | County | 0.3694% | $764 |
| Cedar Park | City | 0.3600% | $745 |
| Austin Community College | special | 0.1034% | $214 |
| Williamson County FM/Rd | County | 0.0443% | $92 |
| Upper Brushy Creek WCID | Water | 0.0170% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,098 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,839 would pay approximately $1,965 per month (principal and interest only, excluding taxes and insurance).