102 RAINBOW BRIDGE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $273,754 and $542,531, with a best estimate of $330,037. 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
$330,037
$342,313
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 $273,754 and $542,531. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,650 for 11 sqft more living space and -$3,461 for being older. Net adjustment: -$811.
Adjusted -$78,772 for 327 sqft less living space and -$27,689 for being older. Net adjustment: -$106,461.
Adjusted -$71,063 for 295 sqft less living space and -$3,461 for being older. Net adjustment: -$74,524.
Adjusted -$20,958 for 87 sqft less living space and -$31,151 for being older. Net adjustment: -$52,109.
Adjusted +$106,474 for 442 sqft more living space and -$31,151 for being older. Net adjustment: +$75,323.
The Neighborhood
This home is valued 8.1% 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 -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,781 across all districts. With a homestead exemption claimed, that drops to $5,179 — saving $1,602 per year. That's $432 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% | $3,721 |
| Williamson County | County | 0.3694% | $1,265 |
| Cedar Park | City | 0.3600% | $1,232 |
| Austin Community College | special | 0.1034% | $354 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,781 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,037 would pay approximately $2,060 per month (principal and interest only, excluding taxes and insurance).