704 MONACO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $287,491 and $348,346, with a best estimate of $336,042. That places the property below the R298475H - Riviera Springs median of $355,781, in a neighborhood that declined 0.6% over the past year.
Estimated Value Range
$336,042
$324,928
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 $287,491 and $348,346. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,830 for 160 sqft more living space. Net adjustment: +$36,830.
Adjusted -$7,366 for 32 sqft less living space. Net adjustment: -$7,366.
Adjusted -$72,738 for 316 sqft less living space. Net adjustment: -$72,738.
Adjusted -$5,064 for 22 sqft less living space. Net adjustment: -$5,064.
Adjusted -$31,535 for 137 sqft less living space. Net adjustment: -$31,535.
The Neighborhood
This home is valued 8.7% below the R298475H - Riviera Springs median of $355,781. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.6% over the past year.
R298475H - Riviera Springs
typicalThis home is -8.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,807 across all districts. With a homestead exemption claimed, that drops to $4,479 — saving $1,328 per year. That's $373 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% | $2,902 |
| Williamson County | County | 0.3694% | $1,200 |
| Cedar Park | City | 0.3600% | $1,170 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,807 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,042 would pay approximately $2,098 per month (principal and interest only, excluding taxes and insurance).