2248 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,159,540 and $1,319,999, with a best estimate of $1,244,724. That places the property above 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
$1,244,724
$897,910
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $1,159,540 and $1,319,999. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$43,785 for 106 sqft more living space. Net adjustment: +$43,785.
Adjusted -$67,330 for 163 sqft less living space and +$5,246 for being newer. Net adjustment: -$62,084.
Adjusted +$51,220 for 124 sqft more living space and +$5,246 for being newer. Net adjustment: +$56,466.
Adjusted -$145,399 for 352 sqft less living space and +$15,737 for being newer. Net adjustment: -$129,662.
Adjusted +$5,783 for 14 sqft more living space and +$5,246 for being newer. Net adjustment: +$11,029.
The Neighborhood
This home is valued 23.3% 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 -23.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,156 across all districts. With a homestead exemption claimed, that drops to $14,740 — saving $1,416 per year. That's $1,228 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% | $8,019 |
| Round Rock | City | 0.3720% | $3,340 |
| Williamson County | County | 0.3694% | $3,317 |
| Austin Community College | special | 0.1034% | $928 |
| Williamson County FM/Rd | County | 0.0443% | $398 |
| Upper Brushy Creek WCID | Water | 0.0170% | $153 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $16,156 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,244,724 would pay approximately $7,770 per month (principal and interest only, excluding taxes and insurance).