702 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $338,027 and $372,273, with a best estimate of $356,421. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$356,421
$355,964
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $338,027 and $372,273. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$37,996 for 139 sqft more living space and +$9,039 for being newer. Net adjustment: +$47,035.
Adjusted +$45,376 for 166 sqft more living space and +$9,039 for being newer. Net adjustment: +$54,415.
Adjusted +$22,688 for 83 sqft more living space and +$9,039 for being newer. Net adjustment: +$31,727.
Adjusted -$4,920 for 18 sqft less living space and +$9,039 for being newer. Net adjustment: +$4,119.
Adjusted -$4,920 for 18 sqft less living space and +$9,039 for being newer. Net adjustment: +$4,119.
The Neighborhood
This home is valued 7.8% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,052 across all districts. With a homestead exemption claimed, that drops to $5,447 — saving $1,605 per year. That's $454 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,869 |
| Williamson County | County | 0.3694% | $1,315 |
| Cedar Park | City | 0.3600% | $1,281 |
| Austin Community College | special | 0.1034% | $368 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,052 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $356,421 would pay approximately $2,225 per month (principal and interest only, excluding taxes and insurance).