1701 SPRINGWATER DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $391,183 and $625,221, with a best estimate of $434,505. 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
$434,505
$462,602
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $391,183 and $625,221. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$115,709 for 347 sqft more living space and -$12,651 for being older. Net adjustment: +$103,058.
Adjusted +$87,032 for 261 sqft more living space. Net adjustment: +$87,032.
Adjusted +$94,034 for 282 sqft more living space and -$12,651 for being older. Net adjustment: +$81,383.
Adjusted +$1,334 for 4 sqft more living space and -$2,109 for being older. Net adjustment: -$775.
Adjusted +$26,343 for 79 sqft more living space and -$18,977 for being older. Net adjustment: +$7,366.
The Neighborhood
This home is valued 8.0% 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 -8.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,323 across all districts. With a homestead exemption claimed, that drops to $6,988 — saving $1,335 per year. That's $582 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% | $4,131 |
| Round Rock | City | 0.3720% | $1,721 |
| Williamson County | County | 0.3694% | $1,709 |
| Austin Community College | special | 0.1034% | $478 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,323 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $434,505 would pay approximately $2,712 per month (principal and interest only, excluding taxes and insurance).