2002 SIMBRAH DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $339,854 and $739,524, with a best estimate of $587,777. 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
$587,777
$473,846
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 $339,854 and $739,524. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$222,677 for 687 sqft more living space and -$6,282 for being older. Net adjustment: +$216,395.
Adjusted +$133,217 for 411 sqft more living space and -$6,282 for being older. Net adjustment: +$126,935.
Adjusted -$132,569 for 409 sqft less living space and -$6,282 for being older. Net adjustment: -$138,851.
Adjusted +$250,228 for 772 sqft more living space and -$6,282 for being older. Net adjustment: +$243,946.
Adjusted +$117,335 for 362 sqft more living space and -$6,282 for being older. Net adjustment: +$111,053.
The Neighborhood
This home is valued 4.5% 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 -4.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,819 across all districts. With a homestead exemption claimed, that drops to $7,209 — saving $1,610 per year. That's $601 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% | $5,150 |
| Williamson County | County | 0.3694% | $1,751 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,137 |
| Austin Community College | special | 0.1034% | $490 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,819 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $587,777 would pay approximately $3,669 per month (principal and interest only, excluding taxes and insurance).