1608 IRIS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $257,545 and $397,411, with a best estimate of $334,003. 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
$334,003
$358,425
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $257,545 and $397,411. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$11,020 for 34 sqft less living space and +$37,689 for being newer. Net adjustment: +$26,669.
Adjusted -$104,046 for 321 sqft less living space and +$6,282 for being newer. Net adjustment: -$97,764.
Adjusted -$78,439 for 242 sqft less living space and +$37,689 for being newer. Net adjustment: -$40,750.
Adjusted -$223,974 for 691 sqft less living space and -$12,563 for being older. Net adjustment: -$236,537.
Adjusted -$284,910 for 879 sqft less living space and -$6,282 for being older. Net adjustment: -$291,192.
The Neighborhood
This home is valued 27.8% 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
below averageThis home is -27.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,101 across all districts. With a homestead exemption claimed, that drops to $5,495 — saving $1,606 per year. That's $458 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% | $3,896 |
| Williamson County | County | 0.3694% | $1,324 |
| Cedar Park | City | 0.3600% | $1,290 |
| Austin Community College | special | 0.1034% | $371 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,101 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $334,003 would pay approximately $2,085 per month (principal and interest only, excluding taxes and insurance).