2005 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $348,823 and $544,510, with a best estimate of $464,876. 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
$464,876
$570,119
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 $348,823 and $544,510 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$5,510 for 17 sqft less living space and +$43,971 for being newer. Net adjustment: +$38,461.
Adjusted -$39,220 for 121 sqft less living space and +$6,282 for being newer. Net adjustment: -$32,938.
Adjusted +$9,724 for 30 sqft more living space. Net adjustment: +$9,724.
Adjusted -$6,807 for 21 sqft less living space and +$37,689 for being newer. Net adjustment: +$30,882.
Adjusted -$223,326 for 689 sqft less living space and +$12,563 for being newer. Net adjustment: -$210,763.
The Neighborhood
This home is valued 14.9% 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 +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,610 across all districts. With a homestead exemption claimed, that drops to $8,983 — saving $1,627 per year. That's $749 per month a buyer should budget. The assessed value increased +4.6% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,197 |
| Williamson County | County | 0.3694% | $2,106 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,368 |
| Austin Community College | special | 0.1034% | $590 |
| Williamson County FM/Rd | County | 0.0443% | $253 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,610 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $464,876 would pay approximately $2,902 per month (principal and interest only, excluding taxes and insurance).