2303 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $303,910 and $387,087, with a best estimate of $335,765. 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
$335,765
$339,461
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 $303,910 and $387,087. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$54,784 for 238 sqft less living space and +$8,794 for being newer. Net adjustment: -$45,990.
Adjusted -$123,609 for 537 sqft less living space and -$15,829 for being older. Net adjustment: -$139,438.
Adjusted -$20,947 for 91 sqft less living space. Net adjustment: -$20,947.
Adjusted -$2,762 for 12 sqft less living space and +$36,934 for being newer. Net adjustment: +$34,172.
Adjusted -$30,845 for 134 sqft less living space and -$3,518 for being older. Net adjustment: -$34,363.
The Neighborhood
This home is valued 4.6% 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 -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,067 across all districts. With a homestead exemption claimed, that drops to $4,736 — saving $1,331 per year. That's $395 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% | $3,032 |
| Williamson County | County | 0.3694% | $1,254 |
| Cedar Park | City | 0.3600% | $1,222 |
| Austin Community College | special | 0.1034% | $351 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,067 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $335,765 would pay approximately $2,096 per month (principal and interest only, excluding taxes and insurance).