505 OAK PARK DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $429,889 and $882,108, with a best estimate of $521,356. That places the property above 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
$521,356
$597,255
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 $429,889 and $882,108 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$29,677 for 89 sqft more living space and -$6,326 for being older. Net adjustment: +$23,351.
Adjusted -$162,392 for 487 sqft less living space and +$21,086 for being newer. Net adjustment: -$141,306.
Adjusted +$128,046 for 384 sqft more living space and +$2,109 for being newer. Net adjustment: +$130,155.
Adjusted +$171,729 for 515 sqft more living space and +$21,086 for being newer. Net adjustment: +$192,815.
Adjusted -$150,054 for 450 sqft less living space and -$59,040 for being older. Net adjustment: -$209,094.
The Neighborhood
This home is valued 18.8% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
above averageThis home is +18.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,746 across all districts. With a homestead exemption claimed, that drops to $9,386 — saving $1,360 per year. That's $782 per month a buyer should budget. The assessed value increased +4.5% vs the subdivision average of -8.9%. This above-average increase gives a protest opportunity score of 60 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,334 |
| Round Rock | City | 0.3720% | $2,222 |
| Williamson County | County | 0.3694% | $2,207 |
| Austin Community College | special | 0.1034% | $618 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $10,746 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $521,356 would pay approximately $3,254 per month (principal and interest only, excluding taxes and insurance).