2306 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $299,407 and $438,100, with a best estimate of $319,077. 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
$319,077
$496,973
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 $299,407 and $438,100 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$39,348 for 118 sqft more living space and -$8,434 for being older. Net adjustment: +$30,914.
Adjusted +$333 for 1 sqft more living space and +$12,651 for being newer. Net adjustment: +$12,984.
Adjusted +$16,673 for 50 sqft more living space and +$12,651 for being newer. Net adjustment: +$29,324.
Adjusted +$11,671 for 35 sqft more living space and +$16,869 for being newer. Net adjustment: +$28,540.
Adjusted +$30,678 for 92 sqft more living space and +$16,869 for being newer. Net adjustment: +$47,547.
The Neighborhood
This home is valued 1.2% 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 -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,942 across all districts. With a homestead exemption claimed, that drops to $7,600 — saving $1,342 per year. That's $633 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% | $4,438 |
| Round Rock | City | 0.3720% | $1,849 |
| Williamson County | County | 0.3694% | $1,836 |
| Austin Community College | special | 0.1034% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,942 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,077 would pay approximately $1,992 per month (principal and interest only, excluding taxes and insurance).