2502 CYPRESS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $190,604 and $508,013, with a best estimate of $298,611. That places the property above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$298,611
$290,362
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 $190,604 and $508,013. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,924 for 152 sqft less living space and +$8,882 for being newer. Net adjustment: -$20,042.
Adjusted +$22,074 for 116 sqft more living space and +$35,530 for being newer. Net adjustment: +$57,604.
Adjusted -$51,759 for 272 sqft less living space and +$35,530 for being newer. Net adjustment: -$16,229.
Adjusted +$44,718 for 235 sqft more living space and +$44,412 for being newer. Net adjustment: +$89,130.
Adjusted -$3,806 for 20 sqft less living space and +$35,530 for being newer. Net adjustment: +$31,724.
The Neighborhood
This home is valued 14.2% above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. With 86 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is +14.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,562 across all districts. With a homestead exemption claimed, that drops to $3,970 — saving $1,592 per year. That's $331 per month a buyer should budget. The assessed value increased +24.1% vs the subdivision average of +21.6%. This above-average increase gives a protest opportunity score of 58 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,051 |
| Williamson County | County | 0.3694% | $1,037 |
| Cedar Park | City | 0.3600% | $1,011 |
| Austin Community College | special | 0.1034% | $290 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,562 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $298,611 would pay approximately $1,864 per month (principal and interest only, excluding taxes and insurance).