1802 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $587,928 and $834,366, with a best estimate of $700,591. 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
$700,591
$497,667
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $587,928 and $834,366. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$290,745 for 897 sqft more living space. Net adjustment: +$290,745.
Adjusted +$80,060 for 247 sqft more living space and +$12,563 for being newer and -$3,150 for no pool. Net adjustment: +$89,473.
Adjusted +$269,352 for 831 sqft more living space and -$3,150 for no pool. Net adjustment: +$266,202.
Adjusted +$334,178 for 1,031 sqft more living space. Net adjustment: +$334,178.
Adjusted +$347,143 for 1,071 sqft more living space and +$6,282 for being newer. Net adjustment: +$353,425.
The Neighborhood
This home is in line with the L330590G - Cypress Bend Sec 1 median of $496,124. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,262 across all districts. With a homestead exemption claimed, that drops to $7,648 — saving $1,614 per year. That's $637 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% | $5,409 |
| Williamson County | County | 0.3694% | $1,839 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,194 |
| Austin Community College | special | 0.1034% | $515 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,262 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $700,591 would pay approximately $4,373 per month (principal and interest only, excluding taxes and insurance).