1620 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $421,912 and $898,833, with a best estimate of $556,667. 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
$556,667
$475,703
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 $421,912 and $898,833. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$53,157 for 164 sqft more living space and +$12,563 for being newer. Net adjustment: +$65,720.
Adjusted +$83,301 for 257 sqft more living space and -$6,282 for being older. Net adjustment: +$77,019.
Adjusted +$169,844 for 524 sqft more living space and +$12,563 for being newer. Net adjustment: +$182,407.
Adjusted -$131,597 for 406 sqft less living space. Net adjustment: -$131,597.
Adjusted +$356,867 for 1,101 sqft more living space. Net adjustment: +$356,867.
The Neighborhood
This home is valued 4.1% 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 -4.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,651 across all districts. With a homestead exemption claimed, that drops to $7,043 — saving $1,608 per year. That's $587 per month a buyer should budget. The assessed value increased +12.6% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,052 |
| Williamson County | County | 0.3694% | $1,717 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,116 |
| Austin Community College | special | 0.1034% | $481 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,651 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,667 would pay approximately $3,475 per month (principal and interest only, excluding taxes and insurance).