2301 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $345,060 and $430,000, with a best estimate of $389,121. 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
$389,121
$536,320
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 $345,060 and $430,000 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$18,007 for 54 sqft more living space and -$10,543 for being older. Net adjustment: +$7,464.
Adjusted +$29,344 for 88 sqft more living space and +$12,651 for being newer. Net adjustment: +$41,995.
Adjusted +$17,673 for 53 sqft more living space and -$14,760 for being older. Net adjustment: +$2,913.
Adjusted -$12,338 for 37 sqft less living space and -$10,543 for being older. Net adjustment: -$22,881.
Adjusted +$4,001 for 12 sqft more living space and +$27,411 for being newer. Net adjustment: +$31,412.
The Neighborhood
This home is valued 6.7% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is +6.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,650 across all districts. With a homestead exemption claimed, that drops to $8,300 — saving $1,350 per year. That's $692 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% | $4,790 |
| Round Rock | City | 0.3720% | $1,995 |
| Williamson County | County | 0.3694% | $1,981 |
| Austin Community College | special | 0.1034% | $555 |
| Williamson County FM/Rd | County | 0.0443% | $238 |
| Upper Brushy Creek WCID | Water | 0.0170% | $91 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $9,650 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $389,121 would pay approximately $2,429 per month (principal and interest only, excluding taxes and insurance).