720 ARROWOOD PL, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $450,429 and $536,545, with a best estimate of $485,137. That places the property above the R530506E - SONOMA ALL SECTIONS median of $451,534, in a neighborhood that declined 7.0% over the past year.
Estimated Value Range
$485,137
$389,993
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $450,429 and $536,545. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$69,407 for 259 sqft more living space and -$5,432 for being older. Net adjustment: +$63,975.
Adjusted +$76,643 for 286 sqft more living space. Net adjustment: +$76,643.
Adjusted -$2,412 for 9 sqft less living space and -$27,161 for being older. Net adjustment: -$29,573.
Adjusted +$25,458 for 95 sqft more living space. Net adjustment: +$25,458.
Adjusted -$36,981 for 138 sqft less living space and -$16,296 for being older. Net adjustment: -$53,277.
The Neighborhood
This home is valued 13.6% below the R530506E - SONOMA ALL SECTIONS median of $451,534. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.0% over the past year.
R530506E - SONOMA ALL SECTIONS
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,017 across all districts. With a homestead exemption claimed, that drops to $5,695 — saving $1,322 per year. That's $475 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% | $3,483 |
| Round Rock | City | 0.3720% | $1,451 |
| Williamson County | County | 0.3694% | $1,441 |
| Austin Community College | special | 0.1034% | $403 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,017 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $485,137 would pay approximately $3,028 per month (principal and interest only, excluding taxes and insurance).