2305 RIVIERA E DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $296,526 and $378,956, with a best estimate of $345,921. 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
$345,921
$375,432
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 $296,526 and $378,956. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,604 for 20 sqft more living space and -$28,140 for being older. Net adjustment: -$23,536.
Adjusted +$56,625 for 246 sqft more living space. Net adjustment: +$56,625.
Adjusted +$28,543 for 124 sqft more living space and -$40,452 for being older. Net adjustment: -$11,909.
Adjusted -$50,180 for 218 sqft less living space. Net adjustment: -$50,180.
Adjusted +$38,901 for 169 sqft more living space and -$38,693 for being older. Net adjustment: +$208.
The Neighborhood
This home is valued 5.5% 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 +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,710 across all districts. With a homestead exemption claimed, that drops to $5,372 — saving $1,338 per year. That's $448 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% | $3,353 |
| Williamson County | County | 0.3694% | $1,387 |
| Cedar Park | City | 0.3600% | $1,352 |
| Austin Community College | special | 0.1034% | $388 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,710 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $345,921 would pay approximately $2,159 per month (principal and interest only, excluding taxes and insurance).