2102 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $460,140 and $587,154, with a best estimate of $494,232. 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
$494,232
$535,482
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L330590G - Cypress Bend Sec 1, this home's estimated market value is between $460,140 and $587,154. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,384 for 248 sqft less living space and -$6,282 for being older. Net adjustment: -$86,666.
Adjusted -$7,131 for 22 sqft less living space and -$6,282 for being older. Net adjustment: -$13,413.
Adjusted -$11,020 for 34 sqft less living space. Net adjustment: -$11,020.
Adjusted -$14,262 for 44 sqft less living space and -$6,282 for being older. Net adjustment: -$20,544.
Adjusted -$10,048 for 31 sqft less living space. Net adjustment: -$10,048.
The Neighborhood
This home is valued 7.9% 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
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,966 across all districts. With a homestead exemption claimed, that drops to $8,345 — saving $1,621 per year. That's $695 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% | $5,820 |
| Williamson County | County | 0.3694% | $1,978 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,285 |
| Austin Community College | special | 0.1034% | $554 |
| Williamson County FM/Rd | County | 0.0443% | $237 |
| Upper Brushy Creek WCID | Water | 0.0170% | $91 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,966 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,232 would pay approximately $3,085 per month (principal and interest only, excluding taxes and insurance).