1514 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $346,794 and $532,119, with a best estimate of $467,756. 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
$467,756
$482,426
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 $346,794 and $532,119. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$85,246 for 263 sqft more living space and +$12,563 for being newer. Net adjustment: +$97,809.
Adjusted -$51,213 for 158 sqft less living space and -$12,563 for being older. Net adjustment: -$63,776.
Adjusted -$9,076 for 28 sqft less living space and -$18,845 for being older. Net adjustment: -$27,921.
Adjusted +$12,641 for 39 sqft more living space and -$31,408 for being older. Net adjustment: -$18,767.
Adjusted -$176,327 for 544 sqft less living space and -$37,689 for being older. Net adjustment: -$214,016.
The Neighborhood
This home is valued 2.8% 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 -2.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,557 across all districts. With a homestead exemption claimed, that drops to $7,928 — saving $1,629 per year. That's $661 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% | $5,243 |
| Williamson County | County | 0.3694% | $1,782 |
| Cedar Park | City | 0.3600% | $1,737 |
| Austin Community College | special | 0.1034% | $499 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,557 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,756 would pay approximately $2,920 per month (principal and interest only, excluding taxes and insurance).