2501 RIVIERA DR E, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $261,998 and $344,428, with a best estimate of $323,691. 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
$323,691
$326,827
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 $261,998 and $344,428. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$29,924 for 130 sqft less living space and -$28,140 for being older. Net adjustment: -$58,064.
Adjusted +$22,098 for 96 sqft more living space. Net adjustment: +$22,098.
Adjusted -$5,985 for 26 sqft less living space and -$40,452 for being older. Net adjustment: -$46,437.
Adjusted -$34,528 for 150 sqft less living space. Net adjustment: -$34,528.
Adjusted -$84,708 for 368 sqft less living space. Net adjustment: -$84,708.
The Neighborhood
This home is valued 8.1% 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 -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,841 across all districts. With a homestead exemption claimed, that drops to $4,513 — saving $1,328 per year. That's $376 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% | $2,919 |
| Williamson County | County | 0.3694% | $1,207 |
| Cedar Park | City | 0.3600% | $1,177 |
| Austin Community College | special | 0.1034% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,841 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,691 would pay approximately $2,020 per month (principal and interest only, excluding taxes and insurance).