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2440 FALCON DR, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

4 bed2 bath1,301 sqftBuilt 1994

Property at a Glance

This home is estimated between $285,180 and $445,533, with a best estimate of $326,511. 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

$285,180 $445,533
Best Estimate
$326,511
WCAD Value
$538,934
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 $285,180 and $445,533 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 $445,533

Adjusted +$38,347 for 115 sqft more living space. Net adjustment: +$38,347.

3 bed 2 bath 1,303 sqft Built 1984
Raw Value $347,567
Adjusted Value $367,986

Adjusted -$667 for 2 sqft less living space and +$21,086 for being newer. Net adjustment: +$20,419.

3 bed 2 bath 1,254 sqft Built 1984
Raw Value $270,083
Adjusted Value $306,841

Adjusted +$15,672 for 47 sqft more living space and +$21,086 for being newer. Net adjustment: +$36,758.

3 bed 2 bath 1,269 sqft Built 1982
Raw Value $290,537
Adjusted Value $326,511

Adjusted +$10,671 for 32 sqft more living space and +$25,303 for being newer. Net adjustment: +$35,974.

3 bed 2 bath 1,584 sqft Built 1995
Raw Value $381,657
Adjusted Value $285,180

Adjusted -$94,368 for 283 sqft less living space and -$2,109 for being older. Net adjustment: -$96,477.

The Neighborhood

This home is valued 7.2% 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
$538,934
Median
$502,867

This home is +7.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,697 across all districts. With a homestead exemption claimed, that drops to $8,347 — saving $1,350 per year. That's $696 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%$4,813
Round RockCity0.3720%$2,005
Williamson CountyCounty0.3694%$1,991
Austin Community Collegespecial0.1034%$557
Williamson County FM/RdCounty0.0443%$239
Upper Brushy Creek WCIDWater0.0170%$92
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$9,697

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $326,511 would pay approximately $2,038 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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