1204 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $294,407 and $317,296, with a best estimate of $305,324. That places the property above the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$305,324
$275,569
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 $294,407 and $317,296. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$37,323 for 181 sqft more living space and -$711 for being older. Net adjustment: +$36,612.
Adjusted +$31,343 for 152 sqft more living space. Net adjustment: +$31,343.
Adjusted -$12,166 for 59 sqft less living space and -$711 for being older. Net adjustment: -$12,877.
Adjusted +$42,478 for 206 sqft more living space and +$1,423 for being newer. Net adjustment: +$43,901.
Adjusted +$1,443 for 7 sqft more living space and +$12,805 for being newer. Net adjustment: +$14,248.
The Neighborhood
This home is valued 1.5% below the R464476H - MESA PARK ALL SECTIONS median of $279,680. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,958 across all districts. With a homestead exemption claimed, that drops to $3,657 — saving $1,301 per year. That's $305 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% | $2,461 |
| Round Rock | City | 0.3720% | $1,025 |
| Williamson County | County | 0.3694% | $1,018 |
| Austin Community College | special | 0.1034% | $285 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,958 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,324 would pay approximately $1,906 per month (principal and interest only, excluding taxes and insurance).