703 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $304,659 and $338,906, with a best estimate of $323,054. 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
$323,054
$329,819
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 $304,659 and $338,906. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,668 for 50 sqft more living space. Net adjustment: +$13,668.
Adjusted +$21,048 for 77 sqft more living space. Net adjustment: +$21,048.
Adjusted -$1,640 for 6 sqft less living space. Net adjustment: -$1,640.
Adjusted -$29,249 for 107 sqft less living space. Net adjustment: -$29,249.
Adjusted -$29,249 for 107 sqft less living space. Net adjustment: -$29,249.
The Neighborhood
This home is valued 14.6% 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 -14.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,534 across all districts. With a homestead exemption claimed, that drops to $4,933 — saving $1,601 per year. That's $411 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% | $3,585 |
| Williamson County | County | 0.3694% | $1,219 |
| Cedar Park | City | 0.3600% | $1,187 |
| Austin Community College | special | 0.1034% | $341 |
| 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% | $6,534 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,054 would pay approximately $2,016 per month (principal and interest only, excluding taxes and insurance).