1605 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $340,975 and $591,878, with a best estimate of $427,682. 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
$427,682
$452,298
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $340,975 and $591,878 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$25,930 for 80 sqft more living space. Net adjustment: +$25,930.
Adjusted -$30,144 for 93 sqft less living space and +$18,845 for being newer. Net adjustment: -$11,299.
Adjusted +$63,529 for 196 sqft more living space and +$12,563 for being newer. Net adjustment: +$76,092.
Adjusted -$6,483 for 20 sqft less living space and -$43,971 for being older. Net adjustment: -$50,454.
Adjusted +$86,543 for 267 sqft more living space and +$18,845 for being newer. Net adjustment: +$105,388.
The Neighborhood
This home is valued 8.8% 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 -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,418 across all districts. With a homestead exemption claimed, that drops to $6,812 — saving $1,606 per year. That's $568 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% | $4,916 |
| Williamson County | County | 0.3694% | $1,671 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,086 |
| Austin Community College | special | 0.1034% | $468 |
| Williamson County FM/Rd | County | 0.0443% | $200 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,418 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $427,682 would pay approximately $2,670 per month (principal and interest only, excluding taxes and insurance).