2013 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $447,499 and $574,513, with a best estimate of $481,591. 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
$481,591
$512,110
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 $447,499 and $574,513. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$93,025 for 287 sqft less living space and -$6,282 for being older. Net adjustment: -$99,307.
Adjusted -$19,772 for 61 sqft less living space and -$6,282 for being older. Net adjustment: -$26,054.
Adjusted -$23,661 for 73 sqft less living space. Net adjustment: -$23,661.
Adjusted -$26,903 for 83 sqft less living space and -$6,282 for being older. Net adjustment: -$33,185.
Adjusted -$22,689 for 70 sqft less living space. Net adjustment: -$22,689.
The Neighborhood
This home is valued 3.2% 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 +3.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,531 across all districts. With a homestead exemption claimed, that drops to $7,914 — saving $1,617 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% | $5,566 |
| Williamson County | County | 0.3694% | $1,892 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,229 |
| 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% | $9,531 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $481,591 would pay approximately $3,006 per month (principal and interest only, excluding taxes and insurance).