1503 RHAPSODY RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $275,018 and $536,787, with a best estimate of $425,378. 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
$425,378
$523,750
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 $275,018 and $536,787 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$9,400 for 29 sqft less living space and +$18,845 for being newer. Net adjustment: +$9,445.
Adjusted -$5,510 for 17 sqft less living space and +$25,126 for being newer. Net adjustment: +$19,616.
Adjusted -$138,404 for 427 sqft less living space and +$6,282 for being newer. Net adjustment: -$132,122.
Adjusted -$123,818 for 382 sqft less living space and +$18,845 for being newer. Net adjustment: -$104,973.
Adjusted -$131,597 for 406 sqft less living space and +$18,845 for being newer. Net adjustment: -$112,752.
The Neighborhood
This home is valued 5.6% 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 +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,747 across all districts. With a homestead exemption claimed, that drops to $8,129 — saving $1,618 per year. That's $677 per month a buyer should budget. The assessed value increased +9.2% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 62 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,693 |
| Williamson County | County | 0.3694% | $1,935 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,257 |
| Austin Community College | special | 0.1034% | $542 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,747 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,378 would pay approximately $2,655 per month (principal and interest only, excluding taxes and insurance).