2241 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,122,736 and $1,283,196, with a best estimate of $1,207,921. 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
$1,207,921
$945,087
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 $1,122,736 and $1,283,196. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,719 for 55 sqft more living space and -$15,737 for being older. Net adjustment: +$6,982.
Adjusted -$88,396 for 214 sqft less living space and -$10,491 for being older. Net adjustment: -$98,887.
Adjusted +$30,154 for 73 sqft more living space and -$10,491 for being older. Net adjustment: +$19,663.
Adjusted -$166,466 for 403 sqft less living space. Net adjustment: -$166,466.
Adjusted -$15,283 for 37 sqft less living space and -$10,491 for being older. Net adjustment: -$25,774.
The Neighborhood
This home is valued 19.3% 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
below averageThis home is -19.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,005 across all districts. With a homestead exemption claimed, that drops to $15,580 — saving $1,425 per year. That's $1,298 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% | $8,441 |
| Round Rock | City | 0.3720% | $3,516 |
| Williamson County | County | 0.3694% | $3,492 |
| Austin Community College | special | 0.1034% | $977 |
| Williamson County FM/Rd | County | 0.0443% | $419 |
| Upper Brushy Creek WCID | Water | 0.0170% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $17,005 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,207,921 would pay approximately $7,540 per month (principal and interest only, excluding taxes and insurance).