2004 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $403,412 and $444,548, with a best estimate of $417,351. 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
$417,351
$495,520
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 $403,412 and $444,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,219 for 266 sqft less living space and -$6,282 for being older. Net adjustment: -$92,501.
Adjusted -$90,108 for 278 sqft less living space. Net adjustment: -$90,108.
Adjusted -$93,349 for 288 sqft less living space and -$6,282 for being older. Net adjustment: -$99,631.
Adjusted -$86,219 for 266 sqft less living space. Net adjustment: -$86,219.
Adjusted -$90,108 for 278 sqft less living space. Net adjustment: -$90,108.
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 -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,222 across all districts. With a homestead exemption claimed, that drops to $7,609 — saving $1,613 per year. That's $634 per month a buyer should budget. The assessed value increased +8.8% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 60 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,386 |
| Williamson County | County | 0.3694% | $1,831 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,189 |
| Austin Community College | special | 0.1034% | $512 |
| 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% | $9,222 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $417,351 would pay approximately $2,605 per month (principal and interest only, excluding taxes and insurance).