2201 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $416,015 and $721,434, with a best estimate of $559,535. 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
$559,535
$691,393
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 $416,015 and $721,434. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$73,253 for 226 sqft less living space and +$31,408 for being newer. Net adjustment: -$41,845.
Adjusted +$162,065 for 500 sqft more living space and +$12,563 for being newer. Net adjustment: +$174,628.
Adjusted -$120,576 for 372 sqft less living space and +$6,282 for being newer. Net adjustment: -$114,294.
Adjusted -$77,791 for 240 sqft less living space and +$12,563 for being newer. Net adjustment: -$65,228.
Adjusted -$62,557 for 193 sqft less living space and +$31,408 for being newer. Net adjustment: -$31,149.
The Neighborhood
This home is valued 39.4% 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 +39.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,867 across all districts. With a homestead exemption claimed, that drops to $11,218 — saving $1,649 per year. That's $935 per month a buyer should budget. The assessed value increased +6.7% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,515 |
| Williamson County | County | 0.3694% | $2,554 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,659 |
| Austin Community College | special | 0.1034% | $715 |
| Williamson County FM/Rd | County | 0.0443% | $306 |
| Upper Brushy Creek WCID | Water | 0.0170% | $118 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $12,867 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $559,535 would pay approximately $3,493 per month (principal and interest only, excluding taxes and insurance).