1705 SPRINGWATER DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $340,037 and $673,984, with a best estimate of $506,783. That places the property above 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
$506,783
$490,523
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $340,037 and $673,984. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$54,020 for 162 sqft more living space and -$2,109 for being older. Net adjustment: +$51,911.
Adjusted +$158,391 for 475 sqft more living space and -$6,326 for being older. Net adjustment: +$152,065.
Adjusted +$25,343 for 76 sqft more living space and +$10,543 for being newer. Net adjustment: +$35,886.
Adjusted +$32,345 for 97 sqft more living space and -$2,109 for being older. Net adjustment: +$30,236.
Adjusted -$60,355 for 181 sqft less living space and +$8,434 for being newer. Net adjustment: -$51,921.
The Neighborhood
This home is valued 2.5% 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)
typicalThis home is -2.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,826 across all districts. With a homestead exemption claimed, that drops to $7,485 — saving $1,341 per year. That's $624 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% | $4,381 |
| Round Rock | City | 0.3720% | $1,825 |
| Williamson County | County | 0.3694% | $1,812 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,826 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,783 would pay approximately $3,163 per month (principal and interest only, excluding taxes and insurance).