2203 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $477,003 and $555,344, with a best estimate of $483,659. 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
$483,659
$418,282
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 $477,003 and $555,344 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$1,000 for 3 sqft less living space and +$23,194 for being newer. Net adjustment: +$22,194.
Adjusted +$54,687 for 164 sqft more living space and +$16,869 for being newer. Net adjustment: +$71,556.
Adjusted +$122,044 for 366 sqft more living space and -$6,326 for being older. Net adjustment: +$115,718.
Adjusted +$23,342 for 70 sqft more living space and +$35,846 for being newer. Net adjustment: +$59,188.
Adjusted +$152,389 for 457 sqft more living space and -$6,326 for being older. Net adjustment: +$146,063.
The Neighborhood
This home is valued 16.8% 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)
below averageThis home is -16.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,526 across all districts. With a homestead exemption claimed, that drops to $6,198 — saving $1,328 per year. That's $517 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% | $3,736 |
| Round Rock | City | 0.3720% | $1,556 |
| Williamson County | County | 0.3694% | $1,545 |
| Austin Community College | special | 0.1034% | $433 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,526 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $483,659 would pay approximately $3,019 per month (principal and interest only, excluding taxes and insurance).