505 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $275,606 and $411,328, with a best estimate of $386,248. That places the property above the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$386,248
$338,968
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $275,606 and $411,328. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$84,937 for 357 sqft less living space and +$4,423 for being newer. Net adjustment: -$80,514.
Adjusted -$62,097 for 261 sqft less living space and +$4,423 for being newer. Net adjustment: -$57,674.
Adjusted +$70,900 for 298 sqft more living space and +$14,743 for being newer and -$1,861 for no pool. Net adjustment: +$83,782.
Adjusted +$49,487 for 208 sqft more living space and +$14,743 for being newer. Net adjustment: +$64,230.
Adjusted +$57,576 for 242 sqft more living space and +$13,269 for being newer. Net adjustment: +$70,845.
The Neighborhood
This home is in line with the R510485H - SOUTHCREEK median of $335,905. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is +0.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,099 across all districts. With a homestead exemption claimed, that drops to $4,786 — saving $1,313 per year. That's $399 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% | $3,027 |
| Round Rock | City | 0.3720% | $1,261 |
| Williamson County | County | 0.3694% | $1,252 |
| Austin Community College | special | 0.1034% | $350 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,099 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,248 would pay approximately $2,411 per month (principal and interest only, excluding taxes and insurance).