2204 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,428,695 and $1,589,154, with a best estimate of $1,513,878. That places the property above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,513,878
$1,037,095
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $1,428,695 and $1,589,154. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$323,431 for 783 sqft more living space and -$10,491 for being older. Net adjustment: +$312,940.
Adjusted +$212,316 for 514 sqft more living space and -$5,246 for being older. Net adjustment: +$207,070.
Adjusted +$330,866 for 801 sqft more living space and -$5,246 for being older. Net adjustment: +$325,620.
Adjusted +$134,247 for 325 sqft more living space and +$5,246 for being newer. Net adjustment: +$139,493.
Adjusted +$285,429 for 691 sqft more living space and -$5,246 for being older. Net adjustment: +$280,183.
The Neighborhood
This home is valued 11.5% below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is -11.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,660 across all districts. With a homestead exemption claimed, that drops to $17,218 — saving $1,442 per year. That's $1,435 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% | $9,262 |
| Round Rock | City | 0.3720% | $3,858 |
| Williamson County | County | 0.3694% | $3,832 |
| Austin Community College | special | 0.1034% | $1,072 |
| Williamson County FM/Rd | County | 0.0443% | $460 |
| Upper Brushy Creek WCID | Water | 0.0170% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $18,660 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,513,878 would pay approximately $9,450 per month (principal and interest only, excluding taxes and insurance).