1617 PAPER MOON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $465,612 and $646,783, with a best estimate of $566,113. 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
$566,113
$615,578
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 $465,612 and $646,783. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$84,598 for 261 sqft more living space and -$18,845 for being older. Net adjustment: +$65,753.
Adjusted +$29,172 for 90 sqft more living space and -$25,126 for being older. Net adjustment: +$4,046.
Adjusted +$55,102 for 170 sqft more living space and +$18,845 for being newer. Net adjustment: +$73,947.
Adjusted +$85,246 for 263 sqft more living space and +$12,563 for being newer. Net adjustment: +$97,809.
Adjusted +$29,172 for 90 sqft more living space. Net adjustment: +$29,172.
The Neighborhood
This home is valued 24.1% 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
above averageThis home is +24.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,456 across all districts. With a homestead exemption claimed, that drops to $9,821 — saving $1,635 per year. That's $818 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% | $6,691 |
| Williamson County | County | 0.3694% | $2,274 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,477 |
| Austin Community College | special | 0.1034% | $637 |
| Williamson County FM/Rd | County | 0.0443% | $273 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,456 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $566,113 would pay approximately $3,534 per month (principal and interest only, excluding taxes and insurance).