500 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $317,956 and $426,968, with a best estimate of $380,300. That places the property above the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$380,300
$329,092
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $317,956 and $426,968. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$42,587 for 179 sqft less living space and +$4,423 for being newer. Net adjustment: -$38,164.
Adjusted -$19,747 for 83 sqft less living space and +$4,423 for being newer. Net adjustment: -$15,324.
Adjusted +$51,153 for 215 sqft more living space and +$13,269 for being newer. Net adjustment: +$64,422.
Adjusted +$50,201 for 211 sqft more living space and +$14,743 for being newer. Net adjustment: +$64,944.
Adjusted +$66,617 for 280 sqft more living space and +$13,269 for being newer. Net adjustment: +$79,886.
The Neighborhood
This home is valued 2.0% below the R510485H - SOUTHCREEK median of $335,905. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is -2.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,921 across all districts. With a homestead exemption claimed, that drops to $4,610 — saving $1,311 per year. That's $384 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% | $2,939 |
| Round Rock | City | 0.3720% | $1,224 |
| Williamson County | County | 0.3694% | $1,216 |
| Austin Community College | special | 0.1034% | $340 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,921 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $380,300 would pay approximately $2,374 per month (principal and interest only, excluding taxes and insurance).