2502 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $266,791 and $338,952, with a best estimate of $314,981. 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
$314,981
$384,005
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 $266,791 and $338,952. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$154,684 for 672 sqft less living space. Net adjustment: -$154,684.
Adjusted -$24,169 for 105 sqft less living space. Net adjustment: -$24,169.
Adjusted -$46,958 for 204 sqft less living space. Net adjustment: -$46,958.
Adjusted -$149,850 for 651 sqft less living space. Net adjustment: -$149,850.
Adjusted +$16,113 for 70 sqft more living space and -$31,658 for being older. Net adjustment: -$15,545.
The Neighborhood
This home is valued 7.9% 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 +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,863 across all districts. With a homestead exemption claimed, that drops to $5,524 — saving $1,339 per year. That's $460 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% | $3,430 |
| Williamson County | County | 0.3694% | $1,419 |
| Cedar Park | City | 0.3600% | $1,382 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,863 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,981 would pay approximately $1,966 per month (principal and interest only, excluding taxes and insurance).