2306 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $295,382 and $378,560, with a best estimate of $344,451. 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
$344,451
$321,945
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 $295,382 and $378,560. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,965 for 191 sqft less living space and -$10,553 for being older. Net adjustment: -$54,518.
Adjusted -$10,128 for 44 sqft less living space and -$19,346 for being older. Net adjustment: -$29,474.
Adjusted +$8,056 for 35 sqft more living space and +$17,588 for being newer. Net adjustment: +$25,644.
Adjusted -$20,026 for 87 sqft less living space and -$22,864 for being older. Net adjustment: -$42,890.
Adjusted -$48,569 for 211 sqft less living space and +$17,588 for being newer. Net adjustment: -$30,981.
The Neighborhood
This home is valued 9.5% 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 -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,754 across all districts. With a homestead exemption claimed, that drops to $4,426 — saving $1,328 per year. That's $369 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% | $2,875 |
| Williamson County | County | 0.3694% | $1,189 |
| Cedar Park | City | 0.3600% | $1,159 |
| Austin Community College | special | 0.1034% | $333 |
| 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% | $5,754 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $344,451 would pay approximately $2,150 per month (principal and interest only, excluding taxes and insurance).