518 OAK PARK DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $367,331 and $1,063,521, with a best estimate of $454,422. 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
$454,422
$450,202
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 $367,331 and $1,063,521 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$38,347 for 115 sqft less living space and -$6,326 for being older. Net adjustment: -$44,673.
Adjusted -$33,345 for 100 sqft less living space and +$35,846 for being newer. Net adjustment: +$2,501.
Adjusted +$37,680 for 113 sqft more living space and +$37,954 for being newer. Net adjustment: +$75,634.
Adjusted -$80,696 for 242 sqft less living space and +$35,846 for being newer. Net adjustment: -$44,850.
Adjusted -$259,761 for 779 sqft less living space and -$6,326 for being older. Net adjustment: -$266,087.
The Neighborhood
This home is valued 10.5% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is -10.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,100 across all districts. With a homestead exemption claimed, that drops to $6,767 — saving $1,333 per year. That's $564 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% | $4,021 |
| Round Rock | City | 0.3720% | $1,675 |
| Williamson County | County | 0.3694% | $1,663 |
| Austin Community College | special | 0.1034% | $466 |
| Williamson County FM/Rd | County | 0.0443% | $200 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,100 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,422 would pay approximately $2,836 per month (principal and interest only, excluding taxes and insurance).