104 RAINBOW BRIDGE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $387,215 and $483,287, with a best estimate of $427,005. That places the property above 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
$427,005
$411,182
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 $387,215 and $483,287. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$175,851 for 730 sqft more living space and -$10,384 for being older and -$13,028 for no garage. Net adjustment: +$152,439.
Adjusted +$68,173 for 283 sqft more living space and -$34,612 for being older and -$13,028 for no garage. Net adjustment: +$20,533.
Adjusted -$49,624 for 206 sqft less living space and -$34,612 for being older and -$13,976 for no pool and -$13,028 for no garage. Net adjustment: -$111,240.
Adjusted +$94,430 for 392 sqft more living space and -$34,612 for being older and -$13,028 for no garage. Net adjustment: +$46,790.
Adjusted +$33,725 for 140 sqft more living space and -$34,612 for being older and -$13,028 for no garage. Net adjustment: -$13,915.
The Neighborhood
This home is valued 10.4% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is +10.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,146 across all districts. With a homestead exemption claimed, that drops to $6,530 — saving $1,616 per year. That's $544 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% | $4,469 |
| Williamson County | County | 0.3694% | $1,519 |
| Cedar Park | City | 0.3600% | $1,480 |
| Austin Community College | special | 0.1034% | $425 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,146 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $427,005 would pay approximately $2,665 per month (principal and interest only, excluding taxes and insurance).