2303 RIVIERA DR E, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $274,446 and $353,353, with a best estimate of $336,139. 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
$336,139
$333,516
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 $274,446 and $353,353. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$12,200 for 53 sqft less living space and -$33,417 for being older. Net adjustment: -$45,617.
Adjusted +$39,822 for 173 sqft more living space and -$5,276 for being older. Net adjustment: +$34,546.
Adjusted -$16,803 for 73 sqft less living space and -$5,276 for being older. Net adjustment: -$22,079.
Adjusted -$66,984 for 291 sqft less living space and -$5,276 for being older. Net adjustment: -$72,260.
Adjusted +$35,679 for 155 sqft more living space and -$5,276 for being older. Net adjustment: +$30,403.
The Neighborhood
This home is valued 6.3% 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 -6.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,961 across all districts. With a homestead exemption claimed, that drops to $4,631 — saving $1,330 per year. That's $386 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% | $2,979 |
| Williamson County | County | 0.3694% | $1,232 |
| Cedar Park | City | 0.3600% | $1,201 |
| Austin Community College | special | 0.1034% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,961 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,139 would pay approximately $2,098 per month (principal and interest only, excluding taxes and insurance).