209 RAINBOW BRIDGE N, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $385,954 and $500,013, with a best estimate of $425,744. 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
$425,744
$405,868
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 $385,954 and $500,013. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$19,271 for 80 sqft more living space. Net adjustment: +$19,271.
Adjusted -$98,525 for 409 sqft less living space and -$13,976 for no pool. Net adjustment: -$112,501.
Adjusted +$45,529 for 189 sqft more living space. Net adjustment: +$45,529.
Adjusted -$15,176 for 63 sqft less living space. Net adjustment: -$15,176.
Adjusted +$53,237 for 221 sqft more living space and +$24,228 for being newer. Net adjustment: +$77,465.
The Neighborhood
This home is valued 9.0% 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
typicalThis home is +9.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,041 across all districts. With a homestead exemption claimed, that drops to $6,426 — saving $1,615 per year. That's $536 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% | $4,411 |
| Williamson County | County | 0.3694% | $1,499 |
| Cedar Park | City | 0.3600% | $1,461 |
| Austin Community College | special | 0.1034% | $420 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,041 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,744 would pay approximately $2,657 per month (principal and interest only, excluding taxes and insurance).