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104 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath1,851 sqftBuilt 1983

Property at a Glance

This home is estimated between $334,464 and $430,536, with a best estimate of $374,254. That places the property above the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$334,464 $430,536
Best Estimate
$374,254
WCAD Value
$385,694
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $334,464 and $430,536. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

204 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,398 sqft Built 1986
Raw Value $330,848
Adjusted Value $430,536

Adjusted +$109,124 for 453 sqft more living space and -$10,384 for being older and +$13,976 for having a pool and -$13,028 for no garage. Net adjustment: +$99,688.

208 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,845 sqft Built 1993
Raw Value $419,779
Adjusted Value $387,560

Adjusted +$1,445 for 6 sqft more living space and -$34,612 for being older and +$13,976 for having a pool and -$13,028 for no garage. Net adjustment: -$32,219.

307 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,334 sqft Built 1993
Raw Value $498,455
Adjusted Value $334,464

Adjusted -$116,351 for 483 sqft less living space and -$34,612 for being older and -$13,028 for no garage. Net adjustment: -$163,991.

406 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,736 sqft Built 1993
Raw Value $380,215
Adjusted Value $374,254

Adjusted +$27,703 for 115 sqft more living space and -$34,612 for being older and +$13,976 for having a pool and -$13,028 for no garage. Net adjustment: -$5,961.

400 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,988 sqft Built 1993
Raw Value $413,815
Adjusted Value $347,149

Adjusted -$33,002 for 137 sqft less living space and -$34,612 for being older and +$13,976 for having a pool and -$13,028 for no garage. Net adjustment: -$66,666.

The Neighborhood

This home is valued 3.6% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.

L375482H - Park Place Sec 1 & 2

typical
373 Properties
$372,368 Median Value
-1.7% YoY Change
2% Have Pool
83% Have Garage
This Home
$385,694
Median
$372,368

This home is +3.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,641 across all districts. With a homestead exemption claimed, that drops to $6,030 — saving $1,611 per year. That's $503 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,192
Williamson CountyCounty0.3694%$1,425
Cedar ParkCity0.3600%$1,388
Austin Community Collegespecial0.1034%$399
Williamson County FM/RdCounty0.0443%$171
Upper Brushy Creek WCIDWater0.0170%$66
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$7,641

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $374,254 would pay approximately $2,336 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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