2307 CANNES DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $246,304 and $351,435, with a best estimate of $305,191. 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
$305,191
$308,859
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 $246,304 and $351,435. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$83,787 for 364 sqft less living space. Net adjustment: -$83,787.
Adjusted +$16,113 for 70 sqft more living space. Net adjustment: +$16,113.
Adjusted +$6,906 for 30 sqft more living space. Net adjustment: +$6,906.
Adjusted -$460 for 2 sqft less living space. Net adjustment: -$460.
Adjusted -$76,882 for 334 sqft less living space and -$33,417 for being older. Net adjustment: -$110,299.
The Neighborhood
This home is valued 13.2% 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 -13.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,520 across all districts. With a homestead exemption claimed, that drops to $4,195 — saving $1,325 per year. That's $350 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% | $2,758 |
| Williamson County | County | 0.3694% | $1,141 |
| Cedar Park | City | 0.3600% | $1,112 |
| Austin Community College | special | 0.1034% | $319 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,520 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,191 would pay approximately $1,905 per month (principal and interest only, excluding taxes and insurance).