2201 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $290,580 and $380,645, with a best estimate of $322,187. 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
$322,187
$438,175
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L330590G - Cypress Bend Sec 1. The estimated range of $290,580 and $380,645 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$19,772 for 61 sqft more living space and -$56,534 for being older. Net adjustment: -$36,762.
Adjusted -$57,047 for 176 sqft less living space and -$31,408 for being older. Net adjustment: -$88,455.
Adjusted -$37,599 for 116 sqft less living space. Net adjustment: -$37,599.
Adjusted -$85,894 for 265 sqft less living space. Net adjustment: -$85,894.
Adjusted +$32,413 for 100 sqft more living space and -$25,126 for being older. Net adjustment: +$7,287.
The Neighborhood
This home is valued 11.7% 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 -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,155 across all districts. With a homestead exemption claimed, that drops to $6,552 — saving $1,603 per year. That's $546 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% | $4,763 |
| Williamson County | County | 0.3694% | $1,619 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,052 |
| Austin Community College | special | 0.1034% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,155 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,187 would pay approximately $2,011 per month (principal and interest only, excluding taxes and insurance).