1912 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $206,103 and $528,058, with a best estimate of $475,334. 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
$475,334
$484,079
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $206,103 and $528,058. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$223,650 for 690 sqft less living space. Net adjustment: -$223,650.
Adjusted +$13,289 for 41 sqft more living space and +$6,282 for being newer. Net adjustment: +$19,571.
Adjusted +$3,565 for 11 sqft more living space and -$3,150 for no pool. Net adjustment: +$415.
Adjusted -$138,728 for 428 sqft less living space. Net adjustment: -$138,728.
Adjusted +$5,510 for 17 sqft more living space and +$12,563 for being newer. Net adjustment: +$18,073.
The Neighborhood
This home is valued 2.4% 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 -2.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,009 across all districts. With a homestead exemption claimed, that drops to $7,398 — saving $1,611 per year. That's $617 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% | $5,261 |
| Williamson County | County | 0.3694% | $1,788 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,162 |
| Austin Community College | special | 0.1034% | $501 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,009 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $475,334 would pay approximately $2,967 per month (principal and interest only, excluding taxes and insurance).