2204 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $530,310 and $805,687, with a best estimate of $666,549. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$666,549
$736,828
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L330590G - Cypress Bend Sec 1, this home's estimated market value is between $530,310 and $805,687. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,323 for 146 sqft more living space and +$25,126 for being newer. Net adjustment: +$72,449.
Adjusted +$42,785 for 132 sqft more living space and +$6,282 for being newer. Net adjustment: +$49,067.
Adjusted +$120,576 for 372 sqft more living space and -$6,282 for being older. Net adjustment: +$114,294.
Adjusted +$58,019 for 179 sqft more living space and +$25,126 for being newer. Net adjustment: +$83,145.
Adjusted -$29,496 for 91 sqft less living space and +$12,563 for being newer. Net adjustment: -$16,933.
The Neighborhood
This home is valued 48.5% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
above averageThis home is +48.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,713 across all districts. With a homestead exemption claimed, that drops to $12,055 — saving $1,658 per year. That's $1,005 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% | $8,009 |
| Williamson County | County | 0.3694% | $2,722 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,768 |
| Austin Community College | special | 0.1034% | $762 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $13,713 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $666,549 would pay approximately $4,161 per month (principal and interest only, excluding taxes and insurance).