1215 RICE AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $337,058 and $393,022, with a best estimate of $359,049. That places the property below the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$359,049
$346,524
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 $337,058 and $393,022. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$89,236 for 362 sqft more living space and -$9,510 for being older. Net adjustment: +$79,726.
Adjusted +$1,479 for 6 sqft more living space and -$9,510 for being older. Net adjustment: -$8,031.
Adjusted +$11,586 for 47 sqft more living space. Net adjustment: +$11,586.
Adjusted +$47,330 for 192 sqft more living space and -$19,020 for being older. Net adjustment: +$28,310.
Adjusted -$24,404 for 99 sqft less living space and -$133,142 for being older. Net adjustment: -$157,546.
The Neighborhood
This home is valued 5.7% below the L222499G - CARRIAGE HILLS median of $367,409. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is -5.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,865 across all districts. With a homestead exemption claimed, that drops to $5,261 — saving $1,604 per year. That's $438 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% | $3,766 |
| Williamson County | County | 0.3694% | $1,280 |
| Cedar Park | City | 0.3600% | $1,247 |
| Austin Community College | special | 0.1034% | $358 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,865 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,049 would pay approximately $2,241 per month (principal and interest only, excluding taxes and insurance).