2203 FLAMING TREE CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $500,967 and $963,709, with a best estimate of $761,560. 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
$761,560
$566,439
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L330590G - Cypress Bend Sec 1, this home's estimated market value is between $500,967 and $963,709. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$20,744 for 64 sqft less living space. Net adjustment: -$20,744.
Adjusted -$32,089 for 99 sqft less living space and -$3,150 for no pool. Net adjustment: -$35,239.
Adjusted -$25,930 for 80 sqft less living space. Net adjustment: -$25,930.
Adjusted +$349,088 for 1,077 sqft more living space and -$6,282 for being older. Net adjustment: +$342,806.
Adjusted +$284,586 for 878 sqft more living space and -$6,282 for being older. Net adjustment: +$278,304.
The Neighborhood
This home is valued 14.2% 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 +14.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,542 across all districts. With a homestead exemption claimed, that drops to $8,916 — saving $1,626 per year. That's $743 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% | $6,157 |
| Williamson County | County | 0.3694% | $2,093 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,359 |
| Austin Community College | special | 0.1034% | $586 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,542 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $761,560 would pay approximately $4,754 per month (principal and interest only, excluding taxes and insurance).