110 RAINBOW BRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $258,729 and $333,000, with a best estimate of $315,013. 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
$315,013
$317,223
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 $258,729 and $333,000. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,913 for 37 sqft less living space and -$6,922 for being older. Net adjustment: -$15,835.
Adjusted -$90,335 for 375 sqft less living space and -$31,151 for being older. Net adjustment: -$121,486.
Adjusted -$11,563 for 48 sqft less living space and -$3,461 for being older. Net adjustment: -$15,024.
Adjusted -$82,626 for 343 sqft less living space and -$6,922 for being older. Net adjustment: -$89,548.
Adjusted -$32,520 for 135 sqft less living space and -$34,612 for being older. Net adjustment: -$67,132.
The Neighborhood
This home is valued 14.8% 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 -14.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,284 across all districts. With a homestead exemption claimed, that drops to $4,686 — saving $1,598 per year. That's $391 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% | $3,448 |
| Williamson County | County | 0.3694% | $1,172 |
| Cedar Park | City | 0.3600% | $1,142 |
| Austin Community College | special | 0.1034% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,284 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,013 would pay approximately $1,966 per month (principal and interest only, excluding taxes and insurance).