3905 PALMER DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $1,087,281 and $1,597,574, with a best estimate of $1,147,585. That places the property above the R546697B - Forest Creek, All Pitt median of $1,106,686, in a neighborhood that appreciated 8.5% over the past year.
Estimated Value Range
$1,147,585
$1,208,119
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R546697B - Forest Creek, All Pitt, this home's estimated market value is between $1,087,281 and $1,597,574. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$120,323 for 335 sqft more living space and +$117 for being newer. Net adjustment: +$120,440.
Adjusted +$175,995 for 490 sqft more living space and +$117 for being newer. Net adjustment: +$176,112.
Adjusted +$453,636 for 1,263 sqft more living space and +$235 for being newer. Net adjustment: +$453,871.
Adjusted +$269,739 for 751 sqft more living space and +$235 for being newer. Net adjustment: +$269,974.
Adjusted +$580,425 for 1,616 sqft more living space and +$235 for being newer. Net adjustment: +$580,660.
The Neighborhood
This home is valued 9.2% above the R546697B - Forest Creek, All Pitt median of $1,106,686. With 64 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 8.5% over the past year.
R546697B - Forest Creek, All Pitt
typicalThis home is +9.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,228 across all districts. With a homestead exemption claimed, that drops to $18,770 — saving $1,458 per year. That's $1,564 per month a buyer should budget. The assessed value increased +18.2% vs the subdivision average of +8.5%. This above-average increase gives a protest opportunity score of 94 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $10,041 |
| Round Rock | City | 0.3720% | $4,182 |
| Williamson County | County | 0.3694% | $4,154 |
| Austin Community College | special | 0.1034% | $1,162 |
| Williamson County FM/Rd | County | 0.0443% | $498 |
| Upper Brushy Creek WCID | Water | 0.0170% | $191 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $20,228 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,147,585 would pay approximately $7,163 per month (principal and interest only, excluding taxes and insurance).