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3040 FREEMAN PARK DR, ROUND ROCK, TX 78665

ROUND ROCK, 78665 — williamson County

5 bed4 bath1,562 sqftBuilt 2017

Property at a Glance

This home is estimated between $532,946 and $711,637, with a best estimate of $585,570. That places the property below the R500515C - FOREST GROVE median of $686,297, in a neighborhood that declined 2.9% over the past year.

Estimated Value Range

$532,946 $711,637
Best Estimate
$585,570
WCAD Value
$601,040
Medium Confidence

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 $532,946 and $711,637. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

3028 FREEMAN PARK DR, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,947 sqft Built 2017
Raw Value $776,451
Adjusted Value $674,193

Adjusted -$102,258 for 385 sqft less living space. Net adjustment: -$102,258.

3052 FREEMAN PARK DR, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,297 sqft Built 2017
Raw Value $746,312
Adjusted Value $551,093

Adjusted -$195,219 for 735 sqft less living space. Net adjustment: -$195,219.

3057 FREEMAN PARK DR, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,620 sqft Built 2017
Raw Value $727,042
Adjusted Value $711,637

Adjusted -$15,405 for 58 sqft less living space. Net adjustment: -$15,405.

3056 FREEMAN PARK DR, ROUND ROCK, TX 78665
0.00 mi 94% similar Same subdivision
3 bed 2 bath 2,002 sqft Built 2017
Raw Value $649,812
Adjusted Value $532,946

Adjusted -$116,866 for 440 sqft less living space. Net adjustment: -$116,866.

4 bed 3 bath 1,399 sqft Built 2011
Raw Value $521,147
Adjusted Value $585,570

Adjusted +$43,294 for 163 sqft more living space and +$21,129 for being newer. Net adjustment: +$64,423.

The Neighborhood

This home is valued 12.4% below the R500515C - FOREST GROVE median of $686,297. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.9% over the past year.

R500515C - FOREST GROVE

typical
197 Properties
$686,297 Median Value
-2.9% YoY Change
1% Have Pool
100% Have Garage
This Home
$601,040
Median
$686,297

This home is -12.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,814 across all districts. With a homestead exemption claimed, that drops to $9,453 — saving $1,361 per year. That's $788 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%$5,368
Round RockCity0.3720%$2,236
Williamson CountyCounty0.3694%$2,221
Austin Community Collegespecial0.1034%$621
Williamson County FM/RdCounty0.0443%$266
Upper Brushy Creek WCIDWater0.0170%$102
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$10,814

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $585,570 would pay approximately $3,655 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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