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$465,732

NAL Estimated Property Value

1608 Somerset Canyon Ln, Cedar Park, TX, 78613

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.33 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR-17-W339-690A-0009-0008
Lot Number9
SubdivisionRanch At Cypress Creek
Land UseResidential
Legal DescriptionS7038 - RANCH AT CYPRESS CREEK SEC 9, BLOCK A, LOT 9
Census Tract020326
Assessed Land Value$98,500
Assessed Improvement Value$367,232
Assessment Year2025

About this property

Updated master & guest baths - recent tile flooring, shower surrounds, fixtures and faucets. Kitchen features stainless appliances, granite countertops, tile backsplash & is open to the family & breakfast rooms. Office/study/playroom with French doors and a closet - could be a 4th bedroom. In-law plan, fans, updated fireplace in family room, sink in laundry room. Beautiful covered & screened porch.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$465,732
Estimated Property Value
$243,701Estimated Mortgage Balance
$222,536Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,794 /month
Positive
Cash Flow Estimate:
$931 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,975
$465,732
2025
$98,500
$367,232
$465,732
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,975
$465,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$276,000
No
First
Apr 13, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,701
$222,031
47%
52%
$1,655/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cedar Park

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1608 Somerset Canyon Ln | Property Details | No Agent List