1209 RAINBOW CV, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $225,959 and $462,465, with a best estimate of $242,490. That places the property below the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$242,490
$413,892
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R457404G - RAINBOW PARKE, this home's estimated market value is between $225,959 and $462,465. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$108,694 for 608 sqft less living space and +$5,900 for being newer. Net adjustment: -$102,794.
Adjusted -$24,134 for 135 sqft less living space and +$5,900 for being newer. Net adjustment: -$18,234.
Adjusted -$86,884 for 486 sqft less living space and +$5,900 for being newer. Net adjustment: -$80,984.
Adjusted -$86,884 for 486 sqft less living space and +$4,720 for being newer. Net adjustment: -$82,164.
Adjusted -$3,575 for 20 sqft less living space and +$4,720 for being newer. Net adjustment: +$1,145.
The Neighborhood
This home is valued 20.7% above the R457404G - RAINBOW PARKE median of $342,797. With 131 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
R457404G - RAINBOW PARKE
above averageThis home is +20.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,447 across all districts. With a homestead exemption claimed, that drops to $6,120 — saving $1,327 per year. That's $510 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% | $3,696 |
| Round Rock | City | 0.3720% | $1,540 |
| Williamson County | County | 0.3694% | $1,529 |
| Austin Community College | special | 0.1034% | $428 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,447 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,490 would pay approximately $1,514 per month (principal and interest only, excluding taxes and insurance).