102 RAINBOW BRIDGE DR N, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $253,740 and $328,010, with a best estimate of $310,023. That places the property below 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
$310,023
$361,252
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 $253,740 and $328,010. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,336 for 18 sqft less living space and -$3,461 for being older and -$13,028 for no garage. Net adjustment: -$20,825.
Adjusted -$85,758 for 356 sqft less living space and -$27,689 for being older and -$13,028 for no garage. Net adjustment: -$126,475.
Adjusted -$6,986 for 29 sqft less living space and -$13,028 for no garage. Net adjustment: -$20,014.
Adjusted -$78,049 for 324 sqft less living space and -$3,461 for being older and -$13,028 for no garage. Net adjustment: -$94,538.
Adjusted -$27,943 for 116 sqft less living space and -$31,151 for being older and -$13,028 for no garage. Net adjustment: -$72,122.
The Neighborhood
This home is valued 3.0% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is -3.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,157 across all districts. With a homestead exemption claimed, that drops to $5,550 — saving $1,607 per year. That's $463 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% | $3,926 |
| Williamson County | County | 0.3694% | $1,335 |
| Cedar Park | City | 0.3600% | $1,301 |
| Austin Community College | special | 0.1034% | $374 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,157 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,023 would pay approximately $1,935 per month (principal and interest only, excluding taxes and insurance).