1608 SOMERSET CANYON LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $495,262 and $619,471, with a best estimate of $569,351. 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
$569,351
$499,984
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 $495,262 and $619,471. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$154,286 for 476 sqft more living space. Net adjustment: +$154,286.
Adjusted +$1,297 for 4 sqft more living space. Net adjustment: +$1,297.
Adjusted +$109,556 for 338 sqft more living space and -$6,282 for being older. Net adjustment: +$103,274.
Adjusted +$201,933 for 623 sqft more living space and -$6,282 for being older. Net adjustment: +$195,651.
Adjusted +$103,397 for 319 sqft more living space. Net adjustment: +$103,397.
The Neighborhood
This home is in line with the L330590G - Cypress Bend Sec 1 median of $496,124. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,305 across all districts. With a homestead exemption claimed, that drops to $7,691 — saving $1,614 per year. That's $641 per month a buyer should budget. The assessed value increased +7.4% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 53 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,434 |
| Williamson County | County | 0.3694% | $1,847 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,200 |
| Austin Community College | special | 0.1034% | $517 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,305 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $569,351 would pay approximately $3,554 per month (principal and interest only, excluding taxes and insurance).