2407 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $302,322 and $344,006, with a best estimate of $317,149. 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
$317,149
$325,143
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 $302,322 and $344,006. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,589 for 46 sqft less living space. Net adjustment: -$10,589.
Adjusted -$26,011 for 113 sqft less living space and -$5,276 for being older. Net adjustment: -$31,287.
Adjusted -$28,543 for 124 sqft less living space and +$31,658 for being newer. Net adjustment: +$3,115.
Adjusted -$71,357 for 310 sqft less living space and +$31,658 for being newer. Net adjustment: -$39,699.
Adjusted -$23,018 for 100 sqft less living space and +$12,311 for being newer. Net adjustment: -$10,707.
The Neighborhood
This home is valued 8.6% 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 -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,811 across all districts. With a homestead exemption claimed, that drops to $4,483 — saving $1,328 per year. That's $374 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% | $2,904 |
| Williamson County | County | 0.3694% | $1,201 |
| Cedar Park | City | 0.3600% | $1,171 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,811 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $317,149 would pay approximately $1,980 per month (principal and interest only, excluding taxes and insurance).