7101 MAGIC MOUNTAIN LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $168,640 and $563,648, with a best estimate of $388,799. That places the property below the R292598D - Stone Canyon - Weekley & Newmark median of $523,036, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$388,799
$597,878
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R292598D - Stone Canyon - Weekley & Newmark, this home's estimated market value is between $168,640 and $563,648. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$144,468 for 433 sqft less living space. Net adjustment: -$144,468.
Adjusted -$23,355 for 70 sqft less living space and -$1,095 for being older. Net adjustment: -$24,450.
Adjusted -$3,670 for 11 sqft less living space. Net adjustment: -$3,670.
Adjusted -$304,952 for 914 sqft less living space and -$1,095 for being older. Net adjustment: -$306,047.
Adjusted -$144,468 for 433 sqft less living space. Net adjustment: -$144,468.
The Neighborhood
This home is valued 14.3% above the R292598D - Stone Canyon - Weekley & Newmark median of $523,036. With 952 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
R292598D - Stone Canyon - Weekley & Newmark
typicalThis home is +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,207 across all districts. With a homestead exemption claimed, that drops to $8,847 — saving $1,360 per year. That's $737 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% | $5,340 |
| Williamson County | County | 0.3694% | $2,209 |
| Fern Bluff MUD | MUD | 0.1800% | $1,076 |
| Austin Community College | special | 0.1034% | $618 |
| Williamson County ESD #2 - Sam Bass VFD | ESD | 0.1000% | $598 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7073% | $10,207 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $388,799 would pay approximately $2,427 per month (principal and interest only, excluding taxes and insurance).