2012 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $266,221 and $607,940, with a best estimate of $541,599. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$541,599
$610,250
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 $266,221 and $607,940. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$204,202 for 630 sqft less living space and +$12,563 for being newer. Net adjustment: -$191,639.
Adjusted +$31,116 for 96 sqft more living space and -$6,282 for being older. Net adjustment: +$24,834.
Adjusted +$104,370 for 322 sqft more living space and -$6,282 for being older. Net adjustment: +$98,088.
Adjusted -$208,740 for 644 sqft less living space and -$6,282 for being older. Net adjustment: -$215,022.
Adjusted -$130,949 for 404 sqft less living space and -$18,845 for being older. Net adjustment: -$149,794.
The Neighborhood
This home is valued 23.0% 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
above averageThis home is +23.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,357 across all districts. With a homestead exemption claimed, that drops to $9,723 — saving $1,634 per year. That's $810 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% | $6,633 |
| Williamson County | County | 0.3694% | $2,255 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,465 |
| Austin Community College | special | 0.1034% | $631 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,357 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $541,599 would pay approximately $3,381 per month (principal and interest only, excluding taxes and insurance).