2002 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $187,956 and $342,018, with a best estimate of $303,826. That places the property below the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$303,826
$356,849
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $187,956 and $342,018. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,591 for 158 sqft less living space and +$7,372 for being newer. Net adjustment: -$30,219.
Adjusted -$98,736 for 415 sqft less living space and +$8,846 for being newer. Net adjustment: -$89,890.
Adjusted -$49,487 for 208 sqft less living space. Net adjustment: -$49,487.
Adjusted -$17,130 for 72 sqft less living space and +$10,320 for being newer. Net adjustment: -$6,810.
Adjusted -$24,981 for 105 sqft less living space and +$7,372 for being newer. Net adjustment: -$17,609.
The Neighborhood
This home is valued 6.2% above the R510485H - SOUTHCREEK median of $335,905. With 1,020 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is +6.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,421 across all districts. With a homestead exemption claimed, that drops to $5,104 — saving $1,317 per year. That's $425 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% | $3,187 |
| Round Rock | City | 0.3720% | $1,327 |
| Williamson County | County | 0.3694% | $1,318 |
| Austin Community College | special | 0.1034% | $369 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,421 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $303,826 would pay approximately $1,896 per month (principal and interest only, excluding taxes and insurance).