1511 RHAPSODY RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $348,809 and $501,005, with a best estimate of $419,433. 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
$419,433
$638,274
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L330590G - Cypress Bend Sec 1. The estimated range of $348,809 and $501,005 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$57,371 for 177 sqft less living space. Net adjustment: -$57,371.
Adjusted +$6,483 for 20 sqft more living space and +$12,563 for being newer. Net adjustment: +$19,046.
Adjusted +$23,337 for 72 sqft more living space and +$18,845 for being newer. Net adjustment: +$42,182.
Adjusted -$324 for 1 sqft less living space and +$12,563 for being newer. Net adjustment: +$12,239.
Adjusted +$12,317 for 38 sqft more living space and +$12,563 for being newer. Net adjustment: +$24,880.
The Neighborhood
This home is valued 28.7% 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
above averageThis home is +28.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,879 across all districts. With a homestead exemption claimed, that drops to $10,239 — saving $1,640 per year. That's $853 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% | $6,937 |
| Williamson County | County | 0.3694% | $2,358 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,532 |
| Austin Community College | special | 0.1034% | $660 |
| Williamson County FM/Rd | County | 0.0443% | $283 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,879 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,433 would pay approximately $2,618 per month (principal and interest only, excluding taxes and insurance).