1808 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $332,490 and $708,275, with a best estimate of $384,128. 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
$384,128
$366,413
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 $332,490 and $708,275. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$43,433 for 134 sqft less living space. Net adjustment: -$43,433.
Adjusted -$60,288 for 186 sqft less living space and +$12,563 for being newer. Net adjustment: -$47,725.
Adjusted +$193,506 for 597 sqft more living space and +$6,282 for being newer. Net adjustment: +$199,788.
Adjusted +$17,503 for 54 sqft more living space and +$6,282 for being newer. Net adjustment: +$23,785.
Adjusted +$12,965 for 40 sqft more living space and +$6,282 for being newer. Net adjustment: +$19,247.
The Neighborhood
This home is valued 26.1% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
below averageThis home is -26.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,819 across all districts. With a homestead exemption claimed, that drops to $5,230 — saving $1,589 per year. That's $436 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% | $3,983 |
| Williamson County | County | 0.3694% | $1,354 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $879 |
| Austin Community College | special | 0.1034% | $379 |
| Williamson County FM/Rd | County | 0.0443% | $162 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $6,819 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,128 would pay approximately $2,398 per month (principal and interest only, excluding taxes and insurance).