2117 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $480,683 and $607,698, with a best estimate of $516,983. 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
$516,983
$514,776
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 $480,683 and $607,698. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$66,123 for 204 sqft less living space. Net adjustment: -$66,123.
Adjusted +$7,131 for 22 sqft more living space. Net adjustment: +$7,131.
Adjusted +$3,241 for 10 sqft more living space and +$6,282 for being newer. Net adjustment: +$9,523.
Adjusted +$4,214 for 13 sqft more living space and +$6,282 for being newer. Net adjustment: +$10,496.
Adjusted +$7,131 for 22 sqft more living space and +$6,282 for being newer. Net adjustment: +$13,413.
The Neighborhood
This home is valued 3.8% 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
typicalThis home is +3.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,580 across all districts. With a homestead exemption claimed, that drops to $7,964 — saving $1,616 per year. That's $664 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% | $5,595 |
| Williamson County | County | 0.3694% | $1,902 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,235 |
| Austin Community College | special | 0.1034% | $532 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,580 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,983 would pay approximately $3,227 per month (principal and interest only, excluding taxes and insurance).