2202 MILAN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $360,307 and $450,104, with a best estimate of $389,806. 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
$389,806
$487,503
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 $360,307 and $450,104 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$46,999 for 145 sqft more living space and -$37,689 for being older. Net adjustment: +$9,310.
Adjusted -$46,999 for 145 sqft less living space and -$31,408 for being older. Net adjustment: -$78,407.
Adjusted +$66,447 for 205 sqft more living space and -$6,282 for being older. Net adjustment: +$60,165.
Adjusted +$18,151 for 56 sqft more living space and -$6,282 for being older. Net adjustment: +$11,869.
Adjusted -$144,886 for 447 sqft less living space. Net adjustment: -$144,886.
The Neighborhood
This home is valued 1.7% 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 -1.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,073 across all districts. With a homestead exemption claimed, that drops to $7,461 — saving $1,612 per year. That's $622 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% | $5,299 |
| Williamson County | County | 0.3694% | $1,801 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,170 |
| 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% | $9,073 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $389,806 would pay approximately $2,433 per month (principal and interest only, excluding taxes and insurance).