2216 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $224,218 and $826,815, with a best estimate of $497,829. 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
$497,829
$564,487
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $224,218 and $826,815 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$8,103 for 25 sqft more living space and +$6,282 for being newer. Net adjustment: +$14,385.
Adjusted +$62,881 for 194 sqft more living space and -$31,408 for being older. Net adjustment: +$31,473.
Adjusted -$18,475 for 57 sqft less living space and -$12,563 for being older. Net adjustment: -$31,038.
Adjusted -$190,913 for 589 sqft less living space. Net adjustment: -$190,913.
Adjusted -$299,820 for 925 sqft less living space and +$18,845 for being newer. Net adjustment: -$280,975.
The Neighborhood
This home is valued 13.8% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is +13.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,506 across all districts. With a homestead exemption claimed, that drops to $8,880 — saving $1,626 per year. That's $740 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% | $6,135 |
| Williamson County | County | 0.3694% | $2,085 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,355 |
| Austin Community College | special | 0.1034% | $584 |
| Williamson County FM/Rd | County | 0.0443% | $250 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,506 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,829 would pay approximately $3,107 per month (principal and interest only, excluding taxes and insurance).