2115 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $381,936 and $723,654, with a best estimate of $657,314. 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
$657,314
$448,913
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 $381,936 and $723,654. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$88,488 for 273 sqft less living space and +$12,563 for being newer. Net adjustment: -$75,925.
Adjusted +$146,831 for 453 sqft more living space and -$6,282 for being older. Net adjustment: +$140,549.
Adjusted +$220,084 for 679 sqft more living space and -$6,282 for being older. Net adjustment: +$213,802.
Adjusted -$93,025 for 287 sqft less living space and -$6,282 for being older. Net adjustment: -$99,307.
Adjusted -$15,234 for 47 sqft less living space and -$18,845 for being older. Net adjustment: -$34,079.
The Neighborhood
This home is valued 9.5% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,355 across all districts. With a homestead exemption claimed, that drops to $6,750 — saving $1,605 per year. That's $563 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% | $4,879 |
| Williamson County | County | 0.3694% | $1,658 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,077 |
| Austin Community College | special | 0.1034% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,355 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $657,314 would pay approximately $4,103 per month (principal and interest only, excluding taxes and insurance).