2306 VERSAILLES DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $251,632 and $302,929, with a best estimate of $285,180. 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
$285,180
$317,722
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 $251,632 and $302,929. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,072 for 9 sqft more living space and +$7,035 for being newer. Net adjustment: +$9,107.
Adjusted -$33,607 for 146 sqft less living space. Net adjustment: -$33,607.
Adjusted -$111,179 for 483 sqft less living space. Net adjustment: -$111,179.
Adjusted -$56,625 for 246 sqft less living space. Net adjustment: -$56,625.
Adjusted -$70,437 for 306 sqft less living space. Net adjustment: -$70,437.
The Neighborhood
This home is valued 10.7% 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 -10.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,679 across all districts. With a homestead exemption claimed, that drops to $4,352 — saving $1,327 per year. That's $363 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% | $2,838 |
| Williamson County | County | 0.3694% | $1,174 |
| Cedar Park | City | 0.3600% | $1,144 |
| Austin Community College | special | 0.1034% | $329 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $5,679 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,180 would pay approximately $1,780 per month (principal and interest only, excluding taxes and insurance).