708 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $299,484 and $333,730, with a best estimate of $317,879. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$317,879
$328,240
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $299,484 and $333,730. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$547 for 2 sqft less living space and +$9,039 for being newer. Net adjustment: +$8,492.
Adjusted +$6,834 for 25 sqft more living space and +$9,039 for being newer. Net adjustment: +$15,873.
Adjusted -$15,854 for 58 sqft less living space and +$9,039 for being newer. Net adjustment: -$6,815.
Adjusted -$43,463 for 159 sqft less living space and +$9,039 for being newer. Net adjustment: -$34,424.
Adjusted -$43,463 for 159 sqft less living space and +$9,039 for being newer. Net adjustment: -$34,424.
The Neighborhood
This home is valued 15.0% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -15.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,503 across all districts. With a homestead exemption claimed, that drops to $4,902 — saving $1,601 per year. That's $409 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,568 |
| Williamson County | County | 0.3694% | $1,213 |
| Cedar Park | City | 0.3600% | $1,182 |
| Austin Community College | special | 0.1034% | $339 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,503 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $317,879 would pay approximately $1,984 per month (principal and interest only, excluding taxes and insurance).