1289 RAINBOW PARKE DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $298,456 and $336,539, with a best estimate of $330,292. That places the property below the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$330,292
$341,170
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R457404G - RAINBOW PARKE, this home's estimated market value is between $298,456 and $336,539. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$358 for 2 sqft less living space and +$3,540 for being newer. Net adjustment: +$3,182.
Adjusted -$7,151 for 40 sqft less living space and +$2,360 for being newer. Net adjustment: -$4,791.
Adjusted +$3,039 for 17 sqft more living space and +$1,180 for being newer. Net adjustment: +$4,219.
Adjusted -$50,414 for 282 sqft less living space and +$3,540 for being newer. Net adjustment: -$46,874.
Adjusted -$21,095 for 118 sqft less living space. Net adjustment: -$21,095.
The Neighborhood
This home is in line with the R457404G - RAINBOW PARKE median of $342,797. Note that values in this subdivision declined 7.4% over the past year.
R457404G - RAINBOW PARKE
typicalThis home is -0.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,139 across all districts. With a homestead exemption claimed, that drops to $4,825 — saving $1,314 per year. That's $402 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% | $3,047 |
| Round Rock | City | 0.3720% | $1,269 |
| Williamson County | County | 0.3694% | $1,260 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,139 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,292 would pay approximately $2,062 per month (principal and interest only, excluding taxes and insurance).