1458 RAINBOW PARKE DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $252,010 and $290,093, with a best estimate of $283,846. That places the property below the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$283,846
$405,991
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R457404G - RAINBOW PARKE, this home's estimated market value is between $252,010 and $290,093. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,263 for 242 sqft less living space. Net adjustment: -$43,263.
Adjusted -$50,057 for 280 sqft less living space and -$1,180 for being older. Net adjustment: -$51,237.
Adjusted -$39,867 for 223 sqft less living space and -$2,360 for being older. Net adjustment: -$42,227.
Adjusted -$93,320 for 522 sqft less living space. Net adjustment: -$93,320.
Adjusted -$64,001 for 358 sqft less living space and -$3,540 for being older. Net adjustment: -$67,541.
The Neighborhood
This home is valued 18.4% above the R457404G - RAINBOW PARKE median of $342,797. With 131 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
R457404G - RAINBOW PARKE
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,305 across all districts. With a homestead exemption claimed, that drops to $5,980 — saving $1,325 per year. That's $498 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% | $3,626 |
| Round Rock | City | 0.3720% | $1,510 |
| Williamson County | County | 0.3694% | $1,500 |
| Austin Community College | special | 0.1034% | $420 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,305 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,846 would pay approximately $1,772 per month (principal and interest only, excluding taxes and insurance).