200 RAINBOW BRIDGE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $231,641 and $305,911, with a best estimate of $287,924. 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
$287,924
$428,031
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 $231,641 and $305,911. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$19,512 for 81 sqft less living space and -$10,384 for being older and -$13,028 for no garage. Net adjustment: -$42,924.
Adjusted -$100,934 for 419 sqft less living space and -$34,612 for being older and -$13,028 for no garage. Net adjustment: -$148,574.
Adjusted -$22,162 for 92 sqft less living space and -$6,922 for being older and -$13,028 for no garage. Net adjustment: -$42,112.
Adjusted -$93,225 for 387 sqft less living space and -$10,384 for being older and -$13,028 for no garage. Net adjustment: -$116,637.
Adjusted -$43,120 for 179 sqft less living space and -$38,073 for being older and -$13,028 for no garage. Net adjustment: -$94,221.
The Neighborhood
This home is valued 14.9% 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 +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,480 across all districts. With a homestead exemption claimed, that drops to $6,861 — saving $1,619 per year. That's $572 per month a buyer should budget. The assessed value increased +4.9% vs the subdivision average of -1.7%. This above-average increase gives a protest opportunity score of 33 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,652 |
| Williamson County | County | 0.3694% | $1,581 |
| Cedar Park | City | 0.3600% | $1,541 |
| Austin Community College | special | 0.1034% | $443 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,480 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $287,924 would pay approximately $1,797 per month (principal and interest only, excluding taxes and insurance).