2505 ORLEANS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $353,002 and $411,278, with a best estimate of $375,883. That places the property above the R298475H - Riviera Springs median of $355,781, in a neighborhood that declined 0.6% over the past year.
Estimated Value Range
$375,883
$421,843
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R298475H - Riviera Springs, this home's estimated market value is between $353,002 and $411,278. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,003 for 126 sqft more living space. Net adjustment: +$29,003.
Adjusted +$17,494 for 76 sqft more living space and -$1,759 for being older. Net adjustment: +$15,735.
Adjusted +$52,712 for 229 sqft more living space and -$1,759 for being older. Net adjustment: +$50,953.
Adjusted -$8,517 for 37 sqft less living space and -$1,759 for being older. Net adjustment: -$10,276.
Adjusted -$37,981 for 165 sqft less living space and -$3,518 for being older. Net adjustment: -$41,499.
The Neighborhood
This home is valued 18.6% above the R298475H - Riviera Springs median of $355,781. With 385 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.6% over the past year.
R298475H - Riviera Springs
above averageThis home is +18.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,539 across all districts. With a homestead exemption claimed, that drops to $6,193 — saving $1,346 per year. That's $516 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $3,767 |
| Williamson County | County | 0.3694% | $1,558 |
| Cedar Park | City | 0.3600% | $1,519 |
| Austin Community College | special | 0.1034% | $436 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $7,539 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $375,883 would pay approximately $2,346 per month (principal and interest only, excluding taxes and insurance).