2408 MONACO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $285,189 and $346,044, with a best estimate of $333,740. 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
$333,740
$323,661
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 $285,189 and $346,044. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,528 for 150 sqft more living space. Net adjustment: +$34,528.
Adjusted -$9,668 for 42 sqft less living space. Net adjustment: -$9,668.
Adjusted -$75,040 for 326 sqft less living space. Net adjustment: -$75,040.
Adjusted -$7,366 for 32 sqft less living space. Net adjustment: -$7,366.
Adjusted -$33,837 for 147 sqft less living space. Net adjustment: -$33,837.
The Neighborhood
This home is valued 9.0% below the R298475H - Riviera Springs median of $355,781. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.6% over the past year.
R298475H - Riviera Springs
typicalThis home is -9.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,785 across all districts. With a homestead exemption claimed, that drops to $4,457 — saving $1,328 per year. That's $371 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% | $2,891 |
| Williamson County | County | 0.3694% | $1,196 |
| Cedar Park | City | 0.3600% | $1,165 |
| Austin Community College | special | 0.1034% | $335 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,785 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $333,740 would pay approximately $2,083 per month (principal and interest only, excluding taxes and insurance).