2503 CANNES DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $429,929 and $576,638, with a best estimate of $535,775. That places the property above the R298475H - Riviera Springs median of $355,781, in a neighborhood that declined 0.6% over the past year.
Estimated Value Range
$535,775
$383,844
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 $429,929 and $576,638. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$88,391 for 384 sqft more living space and -$35,175 for being older. Net adjustment: +$53,216.
Adjusted +$124,530 for 541 sqft more living space. Net adjustment: +$124,530.
Adjusted +$207,857 for 903 sqft more living space. Net adjustment: +$207,857.
Adjusted +$200,031 for 869 sqft more living space. Net adjustment: +$200,031.
Adjusted +$202,793 for 881 sqft more living space. Net adjustment: +$202,793.
The Neighborhood
This home is valued 7.9% above the R298475H - Riviera Springs median of $355,781. With 385 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.6% over the past year.
R298475H - Riviera Springs
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,860 across all districts. With a homestead exemption claimed, that drops to $5,521 — saving $1,339 per year. That's $460 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% | $3,428 |
| Williamson County | County | 0.3694% | $1,418 |
| Cedar Park | City | 0.3600% | $1,382 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $535,775 would pay approximately $3,344 per month (principal and interest only, excluding taxes and insurance).