2501 CANNES DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $256,432 and $361,563, with a best estimate of $315,319. 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
$315,319
$346,168
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 $256,432 and $361,563. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$73,659 for 320 sqft less living space. Net adjustment: -$73,659.
Adjusted +$26,241 for 114 sqft more living space. Net adjustment: +$26,241.
Adjusted +$17,034 for 74 sqft more living space. Net adjustment: +$17,034.
Adjusted +$9,668 for 42 sqft more living space. Net adjustment: +$9,668.
Adjusted -$66,754 for 290 sqft less living space and -$33,417 for being older. Net adjustment: -$100,171.
The Neighborhood
This home is valued 2.7% 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 -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,187 across all districts. With a homestead exemption claimed, that drops to $4,855 — saving $1,332 per year. That's $405 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% | $3,092 |
| Williamson County | County | 0.3694% | $1,279 |
| Cedar Park | City | 0.3600% | $1,246 |
| Austin Community College | special | 0.1034% | $358 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,187 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,319 would pay approximately $1,968 per month (principal and interest only, excluding taxes and insurance).