1305 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $260,634 and $353,849, with a best estimate of $325,264. That places the property above the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$325,264
$282,889
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R464476H - MESA PARK ALL SECTIONS, this home's estimated market value is between $260,634 and $353,849. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$35,261 for 171 sqft more living space and +$1,423 for being newer. Net adjustment: +$36,684.
Adjusted +$52,375 for 254 sqft more living space and +$1,423 for being newer. Net adjustment: +$53,798.
Adjusted +$24,332 for 118 sqft more living space and +$1,423 for being newer. Net adjustment: +$25,755.
Adjusted +$68,872 for 334 sqft more living space and +$1,423 for being newer. Net adjustment: +$70,295.
Adjusted -$46,808 for 227 sqft less living space and +$2,846 for being newer. Net adjustment: -$43,962.
The Neighborhood
This home is valued 1.1% above the R464476H - MESA PARK ALL SECTIONS median of $279,680. With 722 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is +1.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,090 across all districts. With a homestead exemption claimed, that drops to $3,787 — saving $1,303 per year. That's $316 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% | $2,526 |
| Round Rock | City | 0.3720% | $1,052 |
| Williamson County | County | 0.3694% | $1,045 |
| Austin Community College | special | 0.1034% | $293 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,090 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $325,264 would pay approximately $2,030 per month (principal and interest only, excluding taxes and insurance).