704 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $383,676 and $417,922, with a best estimate of $402,071. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$402,071
$348,419
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 $383,676 and $417,922. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$83,645 for 306 sqft more living space and +$9,039 for being newer. Net adjustment: +$92,684.
Adjusted +$91,026 for 333 sqft more living space and +$9,039 for being newer. Net adjustment: +$100,065.
Adjusted +$68,338 for 250 sqft more living space and +$9,039 for being newer. Net adjustment: +$77,377.
Adjusted +$40,729 for 149 sqft more living space and +$9,039 for being newer. Net adjustment: +$49,768.
Adjusted +$40,729 for 149 sqft more living space and +$9,039 for being newer. Net adjustment: +$49,768.
The Neighborhood
This home is valued 9.7% 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 -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,902 across all districts. With a homestead exemption claimed, that drops to $5,298 — saving $1,604 per year. That's $442 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% | $3,787 |
| Williamson County | County | 0.3694% | $1,287 |
| Cedar Park | City | 0.3600% | $1,254 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,902 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $402,071 would pay approximately $2,510 per month (principal and interest only, excluding taxes and insurance).