1906 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $421,626 and $589,323, with a best estimate of $455,549. 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
$455,549
$441,297
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $421,626 and $589,323. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,483 for 20 sqft less living space and +$12,563 for being newer. Net adjustment: +$6,080.
Adjusted +$45,702 for 141 sqft more living space. Net adjustment: +$45,702.
Adjusted +$28,848 for 89 sqft more living space and +$12,563 for being newer. Net adjustment: +$41,411.
Adjusted +$102,101 for 315 sqft more living space and +$6,282 for being newer. Net adjustment: +$108,383.
Adjusted +$89,136 for 275 sqft more living space. Net adjustment: +$89,136.
The Neighborhood
This home is valued 11.1% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -11.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,213 across all districts. With a homestead exemption claimed, that drops to $6,610 — saving $1,603 per year. That's $551 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% | $4,796 |
| Williamson County | County | 0.3694% | $1,630 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,059 |
| Austin Community College | special | 0.1034% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,213 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $455,549 would pay approximately $2,844 per month (principal and interest only, excluding taxes and insurance).