1507 RHAPSODY RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $398,616 and $561,298, with a best estimate of $449,889. 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
$449,889
$495,935
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 $398,616 and $561,298 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$107,611 for 332 sqft less living space. Net adjustment: -$107,611.
Adjusted -$66,123 for 204 sqft less living space and +$12,563 for being newer. Net adjustment: -$53,560.
Adjusted +$21,393 for 66 sqft more living space and +$12,563 for being newer. Net adjustment: +$33,956.
Adjusted -$74,874 for 231 sqft less living space and +$12,563 for being newer. Net adjustment: -$62,311.
Adjusted +$25,282 for 78 sqft more living space and +$18,845 for being newer. Net adjustment: +$44,127.
The Neighborhood
This home is in line with the L330590G - Cypress Bend Sec 1 median of $496,124. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -0.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,230 across all districts. With a homestead exemption claimed, that drops to $7,616 — saving $1,614 per year. That's $635 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% | $5,390 |
| Williamson County | County | 0.3694% | $1,832 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,190 |
| Austin Community College | special | 0.1034% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,230 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $449,889 would pay approximately $2,808 per month (principal and interest only, excluding taxes and insurance).