2015 SIMBRAH DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $286,104 and $700,671, with a best estimate of $458,249. 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
$458,249
$394,044
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 $286,104 and $700,671. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$270,324 for 834 sqft less living space and +$6,282 for being newer. Net adjustment: -$264,042.
Adjusted -$60,288 for 186 sqft less living space. Net adjustment: -$60,288.
Adjusted +$162,065 for 500 sqft more living space and -$18,845 for being older. Net adjustment: +$143,220.
Adjusted -$6,483 for 20 sqft less living space and -$6,282 for being older. Net adjustment: -$12,765.
Adjusted -$18,475 for 57 sqft less living space. Net adjustment: -$18,475.
The Neighborhood
This home is valued 20.6% 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
below averageThis home is -20.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,333 across all districts. With a homestead exemption claimed, that drops to $5,739 — saving $1,594 per year. That's $478 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% | $4,283 |
| Williamson County | County | 0.3694% | $1,456 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $946 |
| Austin Community College | special | 0.1034% | $407 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $7,333 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $458,249 would pay approximately $2,860 per month (principal and interest only, excluding taxes and insurance).