2503 MONTE CARLO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $351,079 and $433,381, with a best estimate of $405,656. That places the property above the R298475H - Riviera Springs median of $355,781, in a neighborhood that declined 0.6% over the past year.
Estimated Value Range
$405,656
$364,143
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 $351,079 and $433,381. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,177 for 92 sqft more living space. Net adjustment: +$21,177.
Adjusted +$128,904 for 560 sqft more living space. Net adjustment: +$128,904.
Adjusted -$20,947 for 91 sqft less living space. Net adjustment: -$20,947.
Adjusted +$100,361 for 436 sqft more living space. Net adjustment: +$100,361.
Adjusted +$32,916 for 143 sqft more living space. Net adjustment: +$32,916.
The Neighborhood
This home is valued 2.4% above the R298475H - Riviera Springs median of $355,781. With 385 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.6% over the past year.
R298475H - Riviera Springs
typicalThis home is +2.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,508 across all districts. With a homestead exemption claimed, that drops to $5,173 — saving $1,335 per year. That's $431 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% | $3,252 |
| Williamson County | County | 0.3694% | $1,345 |
| Cedar Park | City | 0.3600% | $1,311 |
| Austin Community College | special | 0.1034% | $377 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,508 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $405,656 would pay approximately $2,532 per month (principal and interest only, excluding taxes and insurance).