7318 MAGIC MOUNTAIN LN W, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $203,446 and $562,008, with a best estimate of $502,749. That places the property below the R292598D - Stone Canyon - Weekley & Newmark median of $523,036, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$502,749
$538,937
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $203,446 and $562,008. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$50,380 for 151 sqft less living space and +$2,191 for being newer. Net adjustment: -$48,189.
Adjusted +$25,691 for 77 sqft more living space and -$2,191 for being older. Net adjustment: +$23,500.
Adjusted -$43,040 for 129 sqft less living space and +$3,286 for being newer. Net adjustment: -$39,754.
Adjusted +$76,405 for 229 sqft more living space and +$4,381 for being newer. Net adjustment: +$80,786.
Adjusted -$247,898 for 743 sqft less living space and +$1,095 for being newer. Net adjustment: -$246,803.
The Neighborhood
This home is valued 3.0% above the R292598D - Stone Canyon - Weekley & Newmark median of $523,036. With 952 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
R292598D - Stone Canyon - Weekley & Newmark
typicalThis home is +3.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,201 across all districts. With a homestead exemption claimed, that drops to $7,851 — saving $1,350 per year. That's $654 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% | $4,813 |
| Williamson County | County | 0.3694% | $1,991 |
| Fern Bluff MUD | MUD | 0.1800% | $970 |
| Austin Community College | special | 0.1034% | $557 |
| Williamson County ESD #2 - Sam Bass VFD | ESD | 0.1000% | $539 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7073% | $9,201 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $502,749 would pay approximately $3,138 per month (principal and interest only, excluding taxes and insurance).