309 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $331,753 and $540,553, with a best estimate of $384,850. That places the property above the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$384,850
$374,537
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $331,753 and $540,553. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$72,749 for 302 sqft more living space and +$24,228 for being newer. Net adjustment: +$96,977.
Adjusted -$34,929 for 145 sqft less living space. Net adjustment: -$34,929.
Adjusted +$3,854 for 16 sqft more living space and -$6,922 for being older. Net adjustment: -$3,068.
Adjusted -$152,726 for 634 sqft less living space and -$13,976 for no pool. Net adjustment: -$166,702.
Adjusted -$8,672 for 36 sqft less living space. Net adjustment: -$8,672.
The Neighborhood
This home is in line with the L375482H - Park Place Sec 1 & 2 median of $372,368. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,420 across all districts. With a homestead exemption claimed, that drops to $5,811 — saving $1,609 per year. That's $484 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% | $4,071 |
| Williamson County | County | 0.3694% | $1,384 |
| Cedar Park | City | 0.3600% | $1,348 |
| Austin Community College | special | 0.1034% | $387 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,420 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,850 would pay approximately $2,402 per month (principal and interest only, excluding taxes and insurance).