2506 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $255,381 and $394,073, with a best estimate of $275,050. 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
$275,050
$448,209
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 $255,381 and $394,073 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$11,004 for 33 sqft less living space and -$2,109 for being older. Net adjustment: -$13,113.
Adjusted -$19,674 for 59 sqft less living space and +$23,194 for being newer. Net adjustment: +$3,520.
Adjusted +$6,669 for 20 sqft more living space and +$29,520 for being newer. Net adjustment: +$36,189.
Adjusted -$33,679 for 101 sqft less living space and +$18,977 for being newer. Net adjustment: -$14,702.
Adjusted -$38,681 for 116 sqft less living space and +$23,194 for being newer. Net adjustment: -$15,487.
The Neighborhood
This home is valued 10.9% 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 -10.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,065 across all districts. With a homestead exemption claimed, that drops to $6,731 — saving $1,334 per year. That's $561 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% | $4,003 |
| Round Rock | City | 0.3720% | $1,667 |
| Williamson County | County | 0.3694% | $1,656 |
| Austin Community College | special | 0.1034% | $463 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,065 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,050 would pay approximately $1,717 per month (principal and interest only, excluding taxes and insurance).