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2423 FALCON DR, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

4 bed2 bath1,098 sqftBuilt 1996

Property at a Glance

This home is estimated between $243,367 and $497,856, with a best estimate of $317,676. 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

$243,367 $497,856
Best Estimate
$317,676
WCAD Value
$501,780
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 $243,367 and $497,856 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2 bath 1,186 sqft Built 1994
Raw Value $407,186
Adjusted Value $382,059

Adjusted -$29,344 for 88 sqft less living space and +$4,217 for being newer. Net adjustment: -$25,127.

3 bed 2 bath 940 sqft Built 2002
Raw Value $457,821
Adjusted Value $497,856

Adjusted +$52,686 for 158 sqft more living space and -$12,651 for being older. Net adjustment: +$40,035.

3 bed 2 bath 1,133 sqft Built 1979
Raw Value $293,501
Adjusted Value $317,676

Adjusted -$11,671 for 35 sqft less living space and +$35,846 for being newer. Net adjustment: +$24,175.

3 bed 2 bath 1,212 sqft Built 1982
Raw Value $268,403
Adjusted Value $259,909

Adjusted -$38,014 for 114 sqft less living space and +$29,520 for being newer. Net adjustment: -$8,494.

3 bed 2 bath 1,254 sqft Built 1984
Raw Value $270,083
Adjusted Value $243,367

Adjusted -$52,019 for 156 sqft less living space and +$25,303 for being newer. Net adjustment: -$26,716.

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
$501,780
Median
$502,867

This home is -0.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,028 across all districts. With a homestead exemption claimed, that drops to $7,685 — saving $1,343 per year. That's $640 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%$4,481
Round RockCity0.3720%$1,867
Williamson CountyCounty0.3694%$1,854
Austin Community Collegespecial0.1034%$519
Williamson County FM/RdCounty0.0443%$222
Upper Brushy Creek WCIDWater0.0170%$85
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$9,028

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $317,676 would pay approximately $1,983 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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