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504 RIVERWOOD DR, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath1,132 sqftBuilt 1985

Property at a Glance

This home is estimated between $298,664 and $332,910, with a best estimate of $317,059. 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

$298,664 $332,910
Best Estimate
$317,059
WCAD Value
$321,559
High Confidence

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 $298,664 and $332,910. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

500 RIVERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,137 sqft Built 1984
Raw Value $325,238
Adjusted Value $332,910

Adjusted -$1,367 for 5 sqft less living space and +$9,039 for being newer. Net adjustment: +$7,672.

507 RIVERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,110 sqft Built 1984
Raw Value $317,820
Adjusted Value $332,873

Adjusted +$6,014 for 22 sqft more living space and +$9,039 for being newer. Net adjustment: +$15,053.

505 RIVERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,193 sqft Built 1984
Raw Value $324,694
Adjusted Value $317,059

Adjusted -$16,674 for 61 sqft less living space and +$9,039 for being newer. Net adjustment: -$7,635.

509 RIVERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,294 sqft Built 1984
Raw Value $333,908
Adjusted Value $298,664

Adjusted -$44,283 for 162 sqft less living space and +$9,039 for being newer. Net adjustment: -$35,244.

503 RIVERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,294 sqft Built 1984
Raw Value $333,908
Adjusted Value $298,664

Adjusted -$44,283 for 162 sqft less living space and +$9,039 for being newer. Net adjustment: -$35,244.

The Neighborhood

This home is valued 16.7% 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

below average
1,904 Properties
$386,028 Median Value
-2.8% YoY Change
2% Have Pool
98% Have Garage
This Home
$321,559
Median
$386,028

This home is -16.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,370 across all districts. With a homestead exemption claimed, that drops to $4,771 — saving $1,599 per year. That's $398 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,495
Williamson CountyCounty0.3694%$1,188
Cedar ParkCity0.3600%$1,158
Austin Community Collegespecial0.1034%$332
Williamson County FM/RdCounty0.0443%$143
Upper Brushy Creek WCIDWater0.0170%$55
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$6,370

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $317,059 would pay approximately $1,979 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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