2220 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,323,856 and $1,639,281, with a best estimate of $1,555,059. 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
$1,555,059
$1,222,085
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 $1,323,856 and $1,639,281. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$268,080 for 649 sqft more living space and -$5,246 for being older. Net adjustment: +$262,834.
Adjusted +$190,011 for 460 sqft more living space and +$5,246 for being newer. Net adjustment: +$195,257.
Adjusted +$341,193 for 826 sqft more living space and -$5,246 for being older. Net adjustment: +$335,947.
Adjusted +$408,936 for 990 sqft more living space. Net adjustment: +$408,936.
Adjusted -$50,394 for 122 sqft less living space and -$5,246 for being older. Net adjustment: -$55,640.
The Neighborhood
This home is valued 4.3% above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is +4.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,989 across all districts. With a homestead exemption claimed, that drops to $20,513 — saving $1,476 per year. That's $1,709 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% | $10,914 |
| Round Rock | City | 0.3720% | $4,546 |
| Williamson County | County | 0.3694% | $4,515 |
| Austin Community College | special | 0.1034% | $1,264 |
| Williamson County FM/Rd | County | 0.0443% | $542 |
| Upper Brushy Creek WCID | Water | 0.0170% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $21,989 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,555,059 would pay approximately $9,707 per month (principal and interest only, excluding taxes and insurance).