2305 CANNES DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $261,734 and $348,443, with a best estimate of $311,167. 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
$311,167
$300,529
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 $261,734 and $348,443. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,780 for 377 sqft less living space. Net adjustment: -$86,780.
Adjusted +$13,121 for 57 sqft more living space. Net adjustment: +$13,121.
Adjusted +$3,913 for 17 sqft more living space. Net adjustment: +$3,913.
Adjusted -$3,453 for 15 sqft less living space. Net adjustment: -$3,453.
Adjusted -$23,709 for 103 sqft less living space. Net adjustment: -$23,709.
The Neighborhood
This home is valued 15.5% 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
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,371 across all districts. With a homestead exemption claimed, that drops to $4,047 — saving $1,324 per year. That's $337 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% | $2,684 |
| Williamson County | County | 0.3694% | $1,110 |
| Cedar Park | City | 0.3600% | $1,082 |
| Austin Community College | special | 0.1034% | $311 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,371 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $311,167 would pay approximately $1,942 per month (principal and interest only, excluding taxes and insurance).