2202 PENA BLANCA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $442,119 and $505,616, with a best estimate of $500,840. 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
$500,840
$507,479
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 $442,119 and $505,616. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,131 for 22 sqft more living space and +$18,845 for being newer. Net adjustment: +$25,976.
Adjusted -$78,115 for 241 sqft less living space. Net adjustment: -$78,115.
Adjusted -$15,882 for 49 sqft less living space and +$18,845 for being newer. Net adjustment: +$2,963.
Adjusted -$79,412 for 245 sqft less living space and +$18,845 for being newer. Net adjustment: -$60,567.
Adjusted -$47,647 for 147 sqft less living space. Net adjustment: -$47,647.
The Neighborhood
This home is valued 2.3% 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 +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,445 across all districts. With a homestead exemption claimed, that drops to $7,829 — saving $1,616 per year. That's $652 per month a buyer should budget. The assessed value increased +13.5% 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% | $5,516 |
| Williamson County | County | 0.3694% | $1,875 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,218 |
| Austin Community College | special | 0.1034% | $525 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,445 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $500,840 would pay approximately $3,126 per month (principal and interest only, excluding taxes and insurance).