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2303 FALCON DR, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

4 bed2 bath1,427 sqftBuilt 1992

Property at a Glance

This home is estimated between $320,652 and $483,332, with a best estimate of $342,785. 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

$320,652 $483,332
Best Estimate
$342,785
WCAD Value
$523,095
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 $320,652 and $483,332 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 $483,332

Adjusted +$80,363 for 241 sqft more living space and -$4,217 for being older. Net adjustment: +$76,146.

3 bed 2 bath 1,584 sqft Built 1995
Raw Value $381,657
Adjusted Value $322,979

Adjusted -$52,352 for 157 sqft less living space and -$6,326 for being older. Net adjustment: -$58,678.

3 bed 2 bath 1,585 sqft Built 1997
Raw Value $383,881
Adjusted Value $320,652

Adjusted -$52,686 for 158 sqft less living space and -$10,543 for being older. Net adjustment: -$63,229.

3 bed 2 bath 1,550 sqft Built 1984
Raw Value $366,931
Adjusted Value $342,785

Adjusted -$41,015 for 123 sqft less living space and +$16,869 for being newer. Net adjustment: -$24,146.

3 bed 2 bath 1,303 sqft Built 1984
Raw Value $347,567
Adjusted Value $405,784

Adjusted +$41,348 for 124 sqft more living space and +$16,869 for being newer. Net adjustment: +$58,217.

The Neighborhood

This home is valued 4.0% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. 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
$523,095
Median
$502,867

This home is +4.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,412 across all districts. With a homestead exemption claimed, that drops to $8,065 — saving $1,347 per year. That's $672 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%$4,672
Round RockCity0.3720%$1,946
Williamson CountyCounty0.3694%$1,933
Austin Community Collegespecial0.1034%$541
Williamson County FM/RdCounty0.0443%$232
Upper Brushy Creek WCIDWater0.0170%$89
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$9,412

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $342,785 would pay approximately $2,140 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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