2115 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $154,932 and $757,529, with a best estimate of $493,309. 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
$493,309
$570,247
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $154,932 and $757,529 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$48,620 for 150 sqft less living space and -$6,282 for being older. Net adjustment: -$54,902.
Adjusted +$24,634 for 76 sqft more living space and +$18,845 for being newer. Net adjustment: +$43,479.
Adjusted +$91,729 for 283 sqft more living space and -$6,282 for being older. Net adjustment: +$85,447.
Adjusted +$6,158 for 19 sqft more living space and -$43,971 for being older. Net adjustment: -$37,813.
Adjusted -$356,543 for 1,100 sqft less living space and +$6,282 for being newer. Net adjustment: -$350,261.
The Neighborhood
This home is valued 14.9% 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 +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,613 across all districts. With a homestead exemption claimed, that drops to $8,986 — saving $1,627 per year. That's $749 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% | $6,198 |
| Williamson County | County | 0.3694% | $2,107 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,369 |
| Austin Community College | special | 0.1034% | $590 |
| Williamson County FM/Rd | County | 0.0443% | $253 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,613 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,309 would pay approximately $3,079 per month (principal and interest only, excluding taxes and insurance).