701 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $335,548 and $369,794, with a best estimate of $353,943. 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
$353,943
$336,583
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 $335,548 and $369,794. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,556 for 163 sqft more living space. Net adjustment: +$44,556.
Adjusted +$51,937 for 190 sqft more living space. Net adjustment: +$51,937.
Adjusted +$29,249 for 107 sqft more living space. Net adjustment: +$29,249.
Adjusted +$1,640 for 6 sqft more living space. Net adjustment: +$1,640.
Adjusted +$1,640 for 6 sqft more living space. Net adjustment: +$1,640.
The Neighborhood
This home is valued 12.8% 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 -12.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,668 across all districts. With a homestead exemption claimed, that drops to $5,066 — saving $1,602 per year. That's $422 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% | $3,658 |
| Williamson County | County | 0.3694% | $1,243 |
| Cedar Park | City | 0.3600% | $1,212 |
| Austin Community College | special | 0.1034% | $348 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,668 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $353,943 would pay approximately $2,209 per month (principal and interest only, excluding taxes and insurance).