103 RAINBOW BRIDGE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $343,679 and $439,342, with a best estimate of $384,090. 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
$384,090
$371,473
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $343,679 and $439,342. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$120,446 for 500 sqft more living space and -$24,228 for being older. Net adjustment: +$96,218.
Adjusted +$12,767 for 53 sqft more living space and -$48,456 for being older. Net adjustment: -$35,689.
Adjusted +$39,025 for 162 sqft more living space and -$48,456 for being older. Net adjustment: -$9,431.
Adjusted -$21,680 for 90 sqft less living space and -$48,456 for being older. Net adjustment: -$70,136.
Adjusted +$117,796 for 489 sqft more living space and -$20,767 for being older. Net adjustment: +$97,029.
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 -0.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,359 across all districts. With a homestead exemption claimed, that drops to $5,751 — saving $1,608 per year. That's $479 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% | $4,038 |
| Williamson County | County | 0.3694% | $1,372 |
| Cedar Park | City | 0.3600% | $1,337 |
| Austin Community College | special | 0.1034% | $384 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,359 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,090 would pay approximately $2,397 per month (principal and interest only, excluding taxes and insurance).