2405 RIVIERA DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $281,348 and $364,525, with a best estimate of $330,416. 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
$330,416
$323,299
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 $281,348 and $364,525. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,377 for 145 sqft less living space and -$35,175 for being older. Net adjustment: -$68,552.
Adjusted +$460 for 2 sqft more living space and -$43,969 for being older. Net adjustment: -$43,509.
Adjusted +$18,645 for 81 sqft more living space and -$7,035 for being older. Net adjustment: +$11,610.
Adjusted -$9,438 for 41 sqft less living space and -$47,487 for being older. Net adjustment: -$56,925.
Adjusted -$37,981 for 165 sqft less living space and -$7,035 for being older. Net adjustment: -$45,016.
The Neighborhood
This home is valued 9.1% 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 -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,778 across all districts. With a homestead exemption claimed, that drops to $4,450 — saving $1,328 per year. That's $371 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% | $2,887 |
| Williamson County | County | 0.3694% | $1,194 |
| Cedar Park | City | 0.3600% | $1,164 |
| Austin Community College | special | 0.1034% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,778 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,416 would pay approximately $2,062 per month (principal and interest only, excluding taxes and insurance).