1704 BOW RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $345,063 and $650,482, with a best estimate of $551,582. 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
$551,582
$435,381
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 $345,063 and $650,482. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$112,797 for 348 sqft less living space. Net adjustment: -$112,797.
Adjusted +$122,521 for 378 sqft more living space and -$18,845 for being older. Net adjustment: +$103,676.
Adjusted -$160,120 for 494 sqft less living space and -$25,126 for being older. Net adjustment: -$185,246.
Adjusted -$117,335 for 362 sqft less living space and -$18,845 for being older. Net adjustment: -$136,180.
Adjusted -$39,544 for 122 sqft less living space and -$31,408 for being older. Net adjustment: -$70,952.
The Neighborhood
This home is valued 12.2% 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 -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,103 across all districts. With a homestead exemption claimed, that drops to $6,501 — saving $1,602 per year. That's $542 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% | $4,732 |
| Williamson County | County | 0.3694% | $1,609 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,045 |
| Austin Community College | special | 0.1034% | $450 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,103 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $551,582 would pay approximately $3,443 per month (principal and interest only, excluding taxes and insurance).