201 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $321,174 and $416,837, with a best estimate of $361,585. 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
$361,585
$422,548
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 $321,174 and $416,837. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$73,713 for 306 sqft more living space. Net adjustment: +$73,713.
Adjusted -$33,966 for 141 sqft less living space and -$24,228 for being older. Net adjustment: -$58,194.
Adjusted -$7,709 for 32 sqft less living space and -$24,228 for being older. Net adjustment: -$31,937.
Adjusted -$68,413 for 284 sqft less living space and -$24,228 for being older. Net adjustment: -$92,641.
Adjusted +$71,063 for 295 sqft more living space and +$3,461 for being newer. Net adjustment: +$74,524.
The Neighborhood
This home is valued 13.5% 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 +13.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,371 across all districts. With a homestead exemption claimed, that drops to $6,753 — saving $1,618 per year. That's $563 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% | $4,593 |
| Williamson County | County | 0.3694% | $1,561 |
| Cedar Park | City | 0.3600% | $1,521 |
| Austin Community College | special | 0.1034% | $437 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,371 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,585 would pay approximately $2,257 per month (principal and interest only, excluding taxes and insurance).