704 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $246,216 and $365,450, with a best estimate of $258,841. That places the property below the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$258,841
$321,645
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 $246,216 and $365,450. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,405 for 132 sqft more living space. Net adjustment: +$31,405.
Adjusted -$57,338 for 241 sqft less living space and +$2,949 for being newer and -$1,861 for no pool. Net adjustment: -$56,250.
Adjusted -$78,751 for 331 sqft less living space and +$2,949 for being newer. Net adjustment: -$75,802.
Adjusted -$70,662 for 297 sqft less living space and +$1,474 for being newer. Net adjustment: -$69,188.
Adjusted -$79,465 for 334 sqft less living space and +$2,949 for being newer. Net adjustment: -$76,516.
The Neighborhood
This home is valued 4.2% below the R510485H - SOUTHCREEK median of $335,905. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is -4.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,787 across all districts. With a homestead exemption claimed, that drops to $4,478 — saving $1,309 per year. That's $373 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% | $2,873 |
| Round Rock | City | 0.3720% | $1,197 |
| Williamson County | County | 0.3694% | $1,188 |
| Austin Community College | special | 0.1034% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,787 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $258,841 would pay approximately $1,616 per month (principal and interest only, excluding taxes and insurance).