
A rare opportunity in the highly sought-after Cypress Bend neighborhood! This beautifully updated 3-bedroom, 2.5-bath home offers 2,044 square feet of thoughtfully designed living space, plus a dedicated office that can easily serve as a 4th bedroom. Set on a .19 acre lot backing directly to the 42-acre Elizabeth Milburn Park, this property delivers a truly unique lifestyle with “backyard access” to an incredible array of amenities, including a community pool, BMX track, playgrounds, and multiple sports courts for baseball, soccer, tennis, volleyball, basketball, and even cricket. Positioned on a quiet stretch of the park, you’ll enjoy exceptional privacy with no neighbors directly behind or beside you. The setting is peaceful and picturesque, with sweeping views of mature oak trees creating a serene natural backdrop. The backyard also offers one of the best vantage points in Cedar Park for the annual 4th of July fireworks show—launched just a few hundred feet away—along with easy access to community events like festivals and outdoor movies. Inside, the home features an open-concept floor plan filled with abundant natural light. Recent updates include luxury vinyl flooring and porcelain tile, a renovated kitchen, new windows, and recent HVAC(2020) system—providing modern comfort and style throughout. Located within walking distance to top-rated Leander ISD schools—Naumann Elementary, Cedar Park Middle, and Cedar Park High School—as well as Austin Community College and a highly regarded preschool, this home combines convenience with a strong sense of community. A rare blend of privacy, location, and lifestyle—this is one you don’t want to miss.
Property Type
Residential
Year Built
1994
Lot Size
0.20 acres
$/Sq Ft
$244
Garage
4 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1602 Iris LN is listed at $499,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,044 square feet, 0.20-acre lot.
1602 Iris LN is zoned for Leander ISD with assigned schools: Pauline Naumann (elementary), Cedar Park (middle), Cedar Park (high). School assignments should be verified directly with the district.
1602 Iris LN is a Residential built in 1994 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,044 square feet, 0.20-acre lot.
1602 Iris LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1602 Iris LN is $9,019. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-1.3% | — | $445,397 | $98,500 | $346,897 |
2025 | — | $451,186 | $98,500 | $352,686 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($100K)
$499,000
Luxury property intelligence
A sourced read on Cypress Bend Sec 02 Ph A pricing, timing, and property scale. No automated valuation claim.
List price
$499,000
Price per sqft
$244/sqft
Vs. Cypress Bend Sec 02 Ph A median
Not available
Days on market
16 days
Original to current
No verified reduction
$499K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 20, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($99,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1602 Iris LN is around $3,341 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $499,000, 1602 Iris LN is in the Cypress Bend Sec 02 Ph A market where there are currently 219 active listings in 78613. The Keenan Group has completed 21 transactions in 78613 as part of 1,000+ career sales totaling $1B+ across Austin.
1602 Iris LN was built in 1994 (32 years ago). Buyers should budget for potential updates to major systems.
1602 Iris LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$499,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-1.3% | — | $445,397 |
| $98,500 |
| $346,897 |
2025 | — | $451,186 | $98,500 | $352,686 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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