2505 MONTE CARLO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $353,611 and $435,913, with a best estimate of $408,188. 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
$408,188
$364,081
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 $353,611 and $435,913. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$23,709 for 103 sqft more living space. Net adjustment: +$23,709.
Adjusted +$131,436 for 571 sqft more living space. Net adjustment: +$131,436.
Adjusted -$18,415 for 80 sqft less living space. Net adjustment: -$18,415.
Adjusted +$102,893 for 447 sqft more living space. Net adjustment: +$102,893.
Adjusted +$35,448 for 154 sqft more living space. Net adjustment: +$35,448.
The Neighborhood
This home is valued 2.3% 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 +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,507 across all districts. With a homestead exemption claimed, that drops to $5,172 — saving $1,335 per year. That's $431 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% | $3,252 |
| Williamson County | County | 0.3694% | $1,345 |
| Cedar Park | City | 0.3600% | $1,311 |
| Austin Community College | special | 0.1034% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $6,507 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,188 would pay approximately $2,548 per month (principal and interest only, excluding taxes and insurance).