502 OAKLANDS DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $354,825 and $664,681, with a best estimate of $487,825. That places the property below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867, in a neighborhood that declined 8.9% over the past year.
Estimated Value Range
$487,825
$497,426
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $354,825 and $664,681. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$145,386 for 436 sqft more living space and -$10,543 for being older. Net adjustment: +$134,843.
Adjusted -$41,682 for 125 sqft less living space and -$4,217 for being older. Net adjustment: -$45,899.
Adjusted -$170,062 for 510 sqft less living space and -$10,543 for being older. Net adjustment: -$180,605.
Adjusted +$164,393 for 493 sqft more living space and -$18,977 for being older. Net adjustment: +$145,416.
Adjusted -$51,019 for 153 sqft less living space and -$6,326 for being older. Net adjustment: -$57,345.
The Neighborhood
This home is valued 1.1% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,950 across all districts. With a homestead exemption claimed, that drops to $7,608 — saving $1,342 per year. That's $634 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% | $4,443 |
| Round Rock | City | 0.3720% | $1,850 |
| Williamson County | County | 0.3694% | $1,838 |
| Austin Community College | special | 0.1034% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,950 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,825 would pay approximately $3,045 per month (principal and interest only, excluding taxes and insurance).