2406 MONACO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $345,037 and $405,892, with a best estimate of $393,588. 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
$393,588
$388,961
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 $345,037 and $405,892. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$94,376 for 410 sqft more living space. Net adjustment: +$94,376.
Adjusted +$50,180 for 218 sqft more living space. Net adjustment: +$50,180.
Adjusted -$15,192 for 66 sqft less living space. Net adjustment: -$15,192.
Adjusted +$52,482 for 228 sqft more living space. Net adjustment: +$52,482.
Adjusted +$26,011 for 113 sqft more living space. Net adjustment: +$26,011.
The Neighborhood
This home is valued 9.3% 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 +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,952 across all districts. With a homestead exemption claimed, that drops to $5,612 — saving $1,340 per year. That's $468 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% | $3,474 |
| Williamson County | County | 0.3694% | $1,437 |
| Cedar Park | City | 0.3600% | $1,400 |
| Austin Community College | special | 0.1034% | $402 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,952 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,588 would pay approximately $2,457 per month (principal and interest only, excluding taxes and insurance).