2121 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $242,776 and $639,666, with a best estimate of $421,992. 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
$421,992
$545,769
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $242,776 and $639,666 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$83,950 for 259 sqft less living space and -$43,971 for being older. Net adjustment: -$127,921.
Adjusted +$45,378 for 140 sqft more living space and -$43,971 for being older. Net adjustment: +$1,407.
Adjusted -$54,778 for 169 sqft less living space and -$81,660 for being older. Net adjustment: -$136,438.
Adjusted -$175,030 for 540 sqft less living space and -$87,942 for being older. Net adjustment: -$262,972.
Adjusted +$116,687 for 360 sqft more living space and -$50,252 for being older. Net adjustment: +$66,435.
The Neighborhood
This home is valued 10.0% 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
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,157 across all districts. With a homestead exemption claimed, that drops to $8,535 — saving $1,622 per year. That's $711 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% | $5,932 |
| Williamson County | County | 0.3694% | $2,016 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,310 |
| Austin Community College | special | 0.1034% | $564 |
| Williamson County FM/Rd | County | 0.0443% | $242 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,157 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $421,992 would pay approximately $2,634 per month (principal and interest only, excluding taxes and insurance).