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$447,933

207 N Rainbow Bridge Dr, Cedar Park, TX, 78613

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,155 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.06 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Oven, Free-Standing Gas Range, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size8,407 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APNR-17-W339-50P3-0002-0010
Lot Number2
SubdivisionPark Place
Land UseResidential
Legal DescriptionPARK PLACE PHASE 3 AMENDED, BLOCK P, LOT 2
Census Tract020349
Assessed Land Value$86,000
Assessed Improvement Value$361,933
Assessment Year2025

About this property

Ideally located just minutes from the heart of Cedar Park, US-183, HEB, and the new Cedar Park Library, this 3BR/2.5BA home offers both convenience and modern elegance. Upon entry, you are greeted by the high ceilings and spectacular modern chandelier. The main floor offers two separate living areas, a large open kitchen, and a formal dining area. Follow the stairs up to all three bedrooms and a bonus landing area perfect for a media/game room or work from the home office. The primary bedroom suite features a completely remodeled bathroom with an extra-large walk-in shower complete with a waterfall showerhead and bench. The home is complete with fresh interior paint, new sod, a new tankless water heater (3/21), and an upgraded zoned A/C system & attic air curtain.

Investor Tools

Property Icon
$447,933
Estimated Property Value
$426,800Estimated Mortgage Balance
$61,903Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,690 /month
Positive
Cash Flow Estimate:
$897 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,710
$447,933
2025
$86,000
$361,933
$447,933
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,710
$447,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$426,800
No
First
May 7, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,030
$61,903
13%
86%
$2,559/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cedar Park

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207 N Rainbow Bridge Dr | Property Details | No Agent List