2283 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $971,645 and $1,061,503, with a best estimate of $998,494. That places the property below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$998,494
$857,544
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $971,645 and $1,061,503. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$193,728 for 469 sqft less living space and -$20,983 for being older. Net adjustment: -$214,711.
Adjusted -$186,293 for 451 sqft less living space and -$15,737 for being older. Net adjustment: -$202,030.
Adjusted +$64,851 for 157 sqft more living space and -$15,737 for being older. Net adjustment: +$49,114.
Adjusted -$163,987 for 397 sqft less living space and -$10,491 for being older. Net adjustment: -$174,478.
Adjusted +$53,286 for 129 sqft more living space and +$5,246 for being newer. Net adjustment: +$58,532.
The Neighborhood
This home is valued 26.8% below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
below averageThis home is -26.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $15,430 across all districts. With a homestead exemption claimed, that drops to $14,021 — saving $1,409 per year. That's $1,168 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% | $7,659 |
| Round Rock | City | 0.3720% | $3,190 |
| Williamson County | County | 0.3694% | $3,168 |
| Austin Community College | special | 0.1034% | $887 |
| Williamson County FM/Rd | County | 0.0443% | $380 |
| Upper Brushy Creek WCID | Water | 0.0170% | $146 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $15,430 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $998,494 would pay approximately $6,233 per month (principal and interest only, excluding taxes and insurance).