2208 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $783,071 and $985,255, with a best estimate of $853,397. 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
$853,397
$789,780
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 $783,071 and $985,255. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$179,568 for 554 sqft more living space. Net adjustment: +$179,568.
Adjusted +$300,144 for 926 sqft more living space and -$6,282 for being older. Net adjustment: +$293,862.
Adjusted +$150,072 for 463 sqft more living space and +$12,563 for being newer. Net adjustment: +$162,635.
Adjusted +$226,891 for 700 sqft more living space and +$25,126 for being newer. Net adjustment: +$252,017.
Adjusted +$237,587 for 733 sqft more living space and +$25,126 for being newer. Net adjustment: +$262,713.
The Neighborhood
This home is valued 59.2% 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
outlier highThis home is +59.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,698 across all districts. With a homestead exemption claimed, that drops to $13,031 — saving $1,667 per year. That's $1,086 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% | $8,584 |
| Williamson County | County | 0.3694% | $2,918 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,895 |
| Austin Community College | special | 0.1034% | $817 |
| Williamson County FM/Rd | County | 0.0443% | $350 |
| Upper Brushy Creek WCID | Water | 0.0170% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $14,698 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $853,397 would pay approximately $5,327 per month (principal and interest only, excluding taxes and insurance).