1201 RICE AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $351,591 and $541,858, with a best estimate of $457,363. That places the property above the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$457,363
$354,879
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 $351,591 and $541,858. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$99,097 for 402 sqft more living space. Net adjustment: +$99,097.
Adjusted +$109,204 for 443 sqft more living space and +$9,510 for being newer. Net adjustment: +$118,714.
Adjusted +$3,451 for 14 sqft more living space and -$19,020 for being older. Net adjustment: -$15,569.
Adjusted +$144,948 for 588 sqft more living space and -$9,510 for being older. Net adjustment: +$135,438.
Adjusted +$53,493 for 217 sqft more living space and -$66,571 for being older. Net adjustment: -$13,078.
The Neighborhood
This home is valued 3.4% below the L222499G - CARRIAGE HILLS median of $367,409. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,030 across all districts. With a homestead exemption claimed, that drops to $5,425 — saving $1,605 per year. That's $452 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% | $3,857 |
| Williamson County | County | 0.3694% | $1,311 |
| Cedar Park | City | 0.3600% | $1,278 |
| Austin Community College | special | 0.1034% | $367 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,030 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,363 would pay approximately $2,855 per month (principal and interest only, excluding taxes and insurance).