301 RAINBOW BRIDGE N, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $406,518 and $520,578, with a best estimate of $446,308. 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
$446,308
$446,685
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 $406,518 and $520,578. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,375 for 151 sqft more living space and +$3,461 for being newer. Net adjustment: +$39,836.
Adjusted -$81,422 for 338 sqft less living space and +$3,461 for being newer and -$13,976 for no pool. Net adjustment: -$91,937.
Adjusted +$62,632 for 260 sqft more living space and +$3,461 for being newer. Net adjustment: +$66,093.
Adjusted +$1,927 for 8 sqft more living space and +$3,461 for being newer. Net adjustment: +$5,388.
Adjusted +$70,341 for 292 sqft more living space and +$27,689 for being newer. Net adjustment: +$98,030.
The Neighborhood
This home is valued 20.0% 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
above averageThis home is +20.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,849 across all districts. With a homestead exemption claimed, that drops to $7,227 — saving $1,622 per year. That's $602 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% | $4,855 |
| Williamson County | County | 0.3694% | $1,650 |
| Cedar Park | City | 0.3600% | $1,608 |
| Austin Community College | special | 0.1034% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,849 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $446,308 would pay approximately $2,786 per month (principal and interest only, excluding taxes and insurance).