1924 SUMMER RAIN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $172,907 and $514,769, with a best estimate of $468,952. 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
$468,952
$481,779
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $172,907 and $514,769. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,282 for being newer. Net adjustment: +$6,282.
Adjusted -$4,538 for 14 sqft less living space and +$6,282 for being newer. Net adjustment: +$1,744.
Adjusted -$9,724 for 30 sqft less living space and -$3,150 for no pool. Net adjustment: -$12,874.
Adjusted -$180,540 for 557 sqft less living space and +$6,282 for being newer. Net adjustment: -$174,258.
Adjusted -$193,506 for 597 sqft less living space. Net adjustment: -$193,506.
The Neighborhood
This home is valued 2.9% 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 -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,966 across all districts. With a homestead exemption claimed, that drops to $7,356 — saving $1,610 per year. That's $613 per month a buyer should budget. The assessed value increased +6.0% vs the subdivision average of -0.1%. This above-average increase gives a protest opportunity score of 46 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,236 |
| Williamson County | County | 0.3694% | $1,780 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,156 |
| Austin Community College | special | 0.1034% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $8,966 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,952 would pay approximately $2,927 per month (principal and interest only, excluding taxes and insurance).