2011 RACHEL RIDGE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $388,472 and $586,671, with a best estimate of $550,371. 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
$550,371
$566,776
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 $388,472 and $586,671. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$231,753 for 715 sqft less living space and +$18,845 for being newer. Net adjustment: -$212,908.
Adjusted +$3,565 for 11 sqft more living space. Net adjustment: +$3,565.
Adjusted +$76,819 for 237 sqft more living space. Net adjustment: +$76,819.
Adjusted -$158,500 for 489 sqft less living space and -$12,563 for being older. Net adjustment: -$171,063.
Adjusted +$72,929 for 225 sqft more living space and +$6,282 for being newer. Net adjustment: +$79,211.
The Neighborhood
This home is valued 14.2% 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 +14.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,548 across all districts. With a homestead exemption claimed, that drops to $8,922 — saving $1,626 per year. That's $744 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% | $6,160 |
| Williamson County | County | 0.3694% | $2,094 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,360 |
| Austin Community College | special | 0.1034% | $586 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,548 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,371 would pay approximately $3,435 per month (principal and interest only, excluding taxes and insurance).