1214 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $231,441 and $297,149, with a best estimate of $273,031. That places the property below the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$273,031
$269,238
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R464476H - MESA PARK ALL SECTIONS, this home's estimated market value is between $231,441 and $297,149. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,323 for 181 sqft less living space. Net adjustment: -$37,323.
Adjusted -$28,662 for 139 sqft less living space. Net adjustment: -$28,662.
Adjusted -$12,372 for 60 sqft less living space. Net adjustment: -$12,372.
Adjusted +$23,713 for 115 sqft more living space and +$711 for being newer. Net adjustment: +$24,424.
Adjusted -$10,929 for 53 sqft less living space and +$1,423 for being newer. Net adjustment: -$9,506.
The Neighborhood
This home is valued 3.7% below the R464476H - MESA PARK ALL SECTIONS median of $279,680. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is -3.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,844 across all districts. With a homestead exemption claimed, that drops to $3,544 — saving $1,300 per year. That's $295 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% | $2,405 |
| Round Rock | City | 0.3720% | $1,002 |
| Williamson County | County | 0.3694% | $995 |
| Austin Community College | special | 0.1034% | $278 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,844 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $273,031 would pay approximately $1,704 per month (principal and interest only, excluding taxes and insurance).