2503 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $313,748 and $430,963, with a best estimate of $361,938. 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
$361,938
$385,910
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 $313,748 and $430,963. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$102,893 for 447 sqft less living space. Net adjustment: -$102,893.
Adjusted -$107,727 for 468 sqft less living space. Net adjustment: -$107,727.
Adjusted +$46,958 for 204 sqft more living space. Net adjustment: +$46,958.
Adjusted +$22,788 for 99 sqft more living space. Net adjustment: +$22,788.
Adjusted -$90,232 for 392 sqft less living space. Net adjustment: -$90,232.
The Neighborhood
This home is valued 8.5% 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
typicalThis home is +8.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,897 across all districts. With a homestead exemption claimed, that drops to $5,558 — saving $1,339 per year. That's $463 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% | $3,447 |
| Williamson County | County | 0.3694% | $1,426 |
| Cedar Park | City | 0.3600% | $1,389 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,897 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,938 would pay approximately $2,259 per month (principal and interest only, excluding taxes and insurance).