2200 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $377,645 and $719,364, with a best estimate of $653,022. 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
$653,022
$631,875
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 $377,645 and $719,364. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,342 for 325 sqft less living space and +$25,126 for being newer. Net adjustment: -$80,216.
Adjusted +$129,976 for 401 sqft more living space and +$6,282 for being newer. Net adjustment: +$136,258.
Adjusted +$203,230 for 627 sqft more living space and +$6,282 for being newer. Net adjustment: +$209,512.
Adjusted -$109,880 for 339 sqft less living space and +$6,282 for being newer. Net adjustment: -$103,598.
Adjusted -$32,089 for 99 sqft less living space and -$6,282 for being older. Net adjustment: -$38,371.
The Neighborhood
This home is valued 27.4% 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 +27.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,760 across all districts. With a homestead exemption claimed, that drops to $10,121 — saving $1,639 per year. That's $843 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% | $6,868 |
| Williamson County | County | 0.3694% | $2,334 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,516 |
| Austin Community College | special | 0.1034% | $653 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $11,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $653,022 would pay approximately $4,076 per month (principal and interest only, excluding taxes and insurance).