2507 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $244,044 and $322,950, with a best estimate of $305,736. 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
$305,736
$314,333
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 $244,044 and $322,950. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,143 for 18 sqft more living space. Net adjustment: +$4,143.
Adjusted -$52,482 for 228 sqft less living space. Net adjustment: -$52,482.
Adjusted -$102,662 for 446 sqft less living space. Net adjustment: -$102,662.
Adjusted -$14,502 for 63 sqft less living space and +$7,035 for being newer. Net adjustment: -$7,467.
Adjusted -$12,660 for 55 sqft less living space. Net adjustment: -$12,660.
The Neighborhood
This home is valued 11.6% 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 -11.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,618 across all districts. With a homestead exemption claimed, that drops to $4,292 — saving $1,326 per year. That's $358 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% | $2,807 |
| Williamson County | County | 0.3694% | $1,161 |
| Cedar Park | City | 0.3600% | $1,132 |
| Austin Community College | special | 0.1034% | $325 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,618 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,736 would pay approximately $1,908 per month (principal and interest only, excluding taxes and insurance).