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2515 FALCON DR, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

4 bed2 bath1,291 sqftBuilt 1987

Property at a Glance

This home is estimated between $288,747 and $427,439, with a best estimate of $308,416. 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

$288,747 $427,439
Best Estimate
$308,416
WCAD Value
$506,144
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in R280589F - Oakcreek Sec 1,2, and (AMD's). The estimated range of $288,747 and $427,439 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,303 sqft Built 1984
Raw Value $347,567
Adjusted Value $349,892

Adjusted -$4,001 for 12 sqft less living space and +$6,326 for being newer. Net adjustment: +$2,325.

4 bed 2 bath 1,186 sqft Built 1994
Raw Value $407,186
Adjusted Value $427,439

Adjusted +$35,013 for 105 sqft more living space and -$14,760 for being older. Net adjustment: +$20,253.

3 bed 2 bath 1,254 sqft Built 1984
Raw Value $270,083
Adjusted Value $288,747

Adjusted +$12,338 for 37 sqft more living space and +$6,326 for being newer. Net adjustment: +$18,664.

3 bed 2 bath 1,269 sqft Built 1982
Raw Value $290,537
Adjusted Value $308,416

Adjusted +$7,336 for 22 sqft more living space and +$10,543 for being newer. Net adjustment: +$17,879.

3 bed 2 bath 1,212 sqft Built 1982
Raw Value $268,403
Adjusted Value $305,289

Adjusted +$26,343 for 79 sqft more living space and +$10,543 for being newer. Net adjustment: +$36,886.

The Neighborhood

This home is in line with the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. Note that values in this subdivision declined 8.9% over the past year.

R280589F - Oakcreek Sec 1,2, and (AMD's)

typical
787 Properties
$502,867 Median Value
-8.9% YoY Change
2% Have Pool
99% Have Garage
This Home
$506,144
Median
$502,867

This home is +0.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,107 across all districts. With a homestead exemption claimed, that drops to $7,763 — saving $1,344 per year. That's $647 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

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$4,520
Round RockCity0.3720%$1,883
Williamson CountyCounty0.3694%$1,870
Austin Community Collegespecial0.1034%$523
Williamson County FM/RdCounty0.0443%$224
Upper Brushy Creek WCIDWater0.0170%$86
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$9,107

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $308,416 would pay approximately $1,925 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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