1205 GULF WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $233,642 and $368,738, with a best estimate of $351,139. That places the property above the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$351,139
$340,992
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6, this home's estimated market value is between $233,642 and $368,738. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$17,426 for 81 sqft more living space. Net adjustment: +$17,426.
Adjusted -$861 for 4 sqft less living space. Net adjustment: -$861.
Adjusted -$25,816 for 120 sqft less living space and +$8,612 for being newer. Net adjustment: -$17,204.
Adjusted -$51,846 for 241 sqft less living space. Net adjustment: -$51,846.
Adjusted -$73,144 for 340 sqft less living space and +$8,612 for being newer. Net adjustment: -$64,532.
The Neighborhood
This home is valued 12.2% above the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044. With 421 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.3% over the past year.
R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6
typicalThis home is +12.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,135 across all districts. With a homestead exemption claimed, that drops to $4,822 — saving $1,313 per year. That's $402 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% | $3,045 |
| Round Rock | City | 0.3720% | $1,268 |
| Williamson County | County | 0.3694% | $1,260 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,135 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,139 would pay approximately $2,192 per month (principal and interest only, excluding taxes and insurance).