105 RAINBOW BRIDGE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $188,618 and $376,025, with a best estimate of $349,752. That places the property below 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
$349,752
$393,103
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 $188,618 and $376,025. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,674 for 173 sqft less living space and -$48,456 for being older. Net adjustment: -$90,130.
Adjusted -$17,826 for 74 sqft less living space and -$48,456 for being older. Net adjustment: -$66,282.
Adjusted -$39,265 for 163 sqft less living space and -$51,918 for being older. Net adjustment: -$91,183.
Adjusted -$92,984 for 386 sqft less living space and -$24,228 for being older. Net adjustment: -$117,212.
Adjusted -$129,118 for 536 sqft less living space and -$17,306 for being older. Net adjustment: -$146,424.
The Neighborhood
This home is valued 5.6% 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
typicalThis home is +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,788 across all districts. With a homestead exemption claimed, that drops to $6,175 — saving $1,613 per year. That's $515 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% | $4,273 |
| Williamson County | County | 0.3694% | $1,452 |
| Cedar Park | City | 0.3600% | $1,415 |
| Austin Community College | special | 0.1034% | $406 |
| Williamson County FM/Rd | County | 0.0443% | $174 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,788 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,752 would pay approximately $2,183 per month (principal and interest only, excluding taxes and insurance).