2516 FIELD LARK DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $343,812 and $574,956, with a best estimate of $475,361. 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
$475,361
$465,759
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $343,812 and $574,956. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$97,369 for 292 sqft less living space and +$4,217 for being newer. Net adjustment: -$93,152.
Adjusted +$66,691 for 200 sqft more living space and -$4,217 for being older. Net adjustment: +$62,474.
Adjusted -$93,701 for 281 sqft less living space and -$2,109 for being older. Net adjustment: -$95,810.
Adjusted -$50,352 for 151 sqft less living space. Net adjustment: -$50,352.
Adjusted +$16,673 for 50 sqft more living space and -$6,326 for being older. Net adjustment: +$10,347.
The Neighborhood
This home is valued 7.4% 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 -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,380 across all districts. With a homestead exemption claimed, that drops to $7,044 — saving $1,336 per year. That's $587 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% | $4,160 |
| Round Rock | City | 0.3720% | $1,733 |
| Williamson County | County | 0.3694% | $1,721 |
| Austin Community College | special | 0.1034% | $482 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,380 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $475,361 would pay approximately $2,967 per month (principal and interest only, excluding taxes and insurance).