702 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $213,848 and $443,726, with a best estimate of $324,491. That places the property below the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$324,491
$330,885
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $213,848 and $443,726. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$109,681 for 461 sqft more living space. Net adjustment: +$109,681.
Adjusted -$134,900 for 567 sqft less living space and -$7,372 for being older. Net adjustment: -$142,272.
Adjusted -$112,060 for 471 sqft less living space and -$7,372 for being older. Net adjustment: -$119,432.
Adjusted +$20,937 for 88 sqft more living space and +$2,949 for being newer and -$1,861 for no pool. Net adjustment: +$22,025.
Adjusted -$476 for 2 sqft less living space and +$2,949 for being newer. Net adjustment: +$2,473.
The Neighborhood
This home is valued 1.5% below the R510485H - SOUTHCREEK median of $335,905. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,954 across all districts. With a homestead exemption claimed, that drops to $4,642 — saving $1,312 per year. That's $387 per month a buyer should budget. The assessed value increased +3.4% vs the subdivision average of -4.2%. This above-average increase gives a protest opportunity score of 38 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $2,955 |
| Round Rock | City | 0.3720% | $1,231 |
| Williamson County | County | 0.3694% | $1,222 |
| Austin Community College | special | 0.1034% | $342 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,954 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,491 would pay approximately $2,025 per month (principal and interest only, excluding taxes and insurance).