2402 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $492,900 and $571,241, with a best estimate of $499,558. That places the property below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867, in a neighborhood that declined 8.9% over the past year.
Estimated Value Range
$499,558
$424,905
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R280589F - Oakcreek Sec 1,2, and (AMD's). The estimated range of $492,900 and $571,241 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$17,006 for 51 sqft more living space and +$21,086 for being newer. Net adjustment: +$38,092.
Adjusted +$72,693 for 218 sqft more living space and +$14,760 for being newer. Net adjustment: +$87,453.
Adjusted +$41,348 for 124 sqft more living space and +$33,737 for being newer. Net adjustment: +$75,085.
Adjusted +$140,051 for 420 sqft more living space and -$8,434 for being older. Net adjustment: +$131,617.
Adjusted +$170,395 for 511 sqft more living space and -$8,434 for being older. Net adjustment: +$161,961.
The Neighborhood
This home is valued 15.5% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,645 across all districts. With a homestead exemption claimed, that drops to $6,316 — saving $1,329 per year. That's $526 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% | $3,795 |
| Round Rock | City | 0.3720% | $1,581 |
| Williamson County | County | 0.3694% | $1,570 |
| Austin Community College | special | 0.1034% | $439 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,645 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,558 would pay approximately $3,118 per month (principal and interest only, excluding taxes and insurance).