2518 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $298,172 and $436,863, with a best estimate of $317,841. 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
$317,841
$525,320
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R280589F - Oakcreek Sec 1,2, and (AMD's). The estimated range of $298,172 and $436,863 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$29,677 for 89 sqft more living space. Net adjustment: +$29,677.
Adjusted +$7,003 for 21 sqft more living space and +$21,086 for being newer. Net adjustment: +$28,089.
Adjusted -$9,337 for 28 sqft less living space and +$21,086 for being newer. Net adjustment: +$11,749.
Adjusted +$2,001 for 6 sqft more living space and +$25,303 for being newer. Net adjustment: +$27,304.
Adjusted +$21,008 for 63 sqft more living space and +$25,303 for being newer. Net adjustment: +$46,311.
The Neighborhood
This home is valued 4.5% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,452 across all districts. With a homestead exemption claimed, that drops to $8,105 — saving $1,347 per year. That's $675 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% | $4,692 |
| Round Rock | City | 0.3720% | $1,954 |
| Williamson County | County | 0.3694% | $1,941 |
| Austin Community College | special | 0.1034% | $543 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $9,452 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $317,841 would pay approximately $1,984 per month (principal and interest only, excluding taxes and insurance).