2116 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $165,996 and $501,909, with a best estimate of $252,091. 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
$252,091
$486,946
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L330590G - Cypress Bend Sec 1. The estimated range of $165,996 and $501,909 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$51,213 for 158 sqft less living space. Net adjustment: -$51,213.
Adjusted -$59,316 for 183 sqft less living space and -$6,282 for being older. Net adjustment: -$65,598.
Adjusted -$5,834 for 18 sqft less living space and +$31,408 for being newer. Net adjustment: +$25,574.
Adjusted -$63,854 for 197 sqft less living space and +$25,126 for being newer. Net adjustment: -$38,728.
Adjusted -$93,998 for 290 sqft less living space and +$25,126 for being newer. Net adjustment: -$68,872.
The Neighborhood
This home is valued 1.8% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -1.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,062 across all districts. With a homestead exemption claimed, that drops to $7,451 — saving $1,611 per year. That's $621 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% | $5,293 |
| Williamson County | County | 0.3694% | $1,799 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,169 |
| Austin Community College | special | 0.1034% | $504 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,062 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $252,091 would pay approximately $1,574 per month (principal and interest only, excluding taxes and insurance).