1922 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $205,688 and $527,643, with a best estimate of $481,826. That places the property below the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$481,826
$512,411
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 $205,688 and $527,643. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$227,215 for 701 sqft less living space and +$3,150 for having a pool. Net adjustment: -$224,065.
Adjusted +$9,724 for 30 sqft more living space and +$6,282 for being newer and +$3,150 for having a pool. Net adjustment: +$19,156.
Adjusted +$5,186 for 16 sqft more living space and +$6,282 for being newer and +$3,150 for having a pool. Net adjustment: +$14,618.
Adjusted -$142,293 for 439 sqft less living space and +$3,150 for having a pool. Net adjustment: -$139,143.
Adjusted -$3,565 for 11 sqft less living space and +$3,150 for having a pool. Net adjustment: -$415.
The Neighborhood
This home is valued 3.3% 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 +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,536 across all districts. With a homestead exemption claimed, that drops to $7,920 — saving $1,616 per year. That's $660 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% | $5,569 |
| Williamson County | County | 0.3694% | $1,893 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,230 |
| Austin Community College | special | 0.1034% | $530 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,536 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $481,826 would pay approximately $3,008 per month (principal and interest only, excluding taxes and insurance).