500 RIVERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $290,992 and $325,200, with a best estimate of $309,386. 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
$309,386
$325,238
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 $290,992 and $325,200. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,380 for 27 sqft more living space. Net adjustment: +$7,380.
Adjusted -$15,308 for 56 sqft less living space. Net adjustment: -$15,308.
Adjusted -$42,916 for 157 sqft less living space. Net adjustment: -$42,916.
Adjusted -$42,916 for 157 sqft less living space. Net adjustment: -$42,916.
Adjusted -$12,847 for 47 sqft less living space. Net adjustment: -$12,847.
The Neighborhood
This home is valued 15.7% 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 averageThis home is -15.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,443 across all districts. With a homestead exemption claimed, that drops to $4,843 — saving $1,600 per year. That's $404 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% | $3,535 |
| Williamson County | County | 0.3694% | $1,202 |
| Cedar Park | City | 0.3600% | $1,171 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,443 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $309,386 would pay approximately $1,931 per month (principal and interest only, excluding taxes and insurance).