2204 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $407,191 and $742,278, with a best estimate of $648,040. That places the property above 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
$648,040
$478,041
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $407,191 and $742,278. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$123,712 for 371 sqft more living space and -$6,326 for being older. Net adjustment: +$117,386.
Adjusted +$27,010 for 81 sqft more living space and -$6,326 for being older. Net adjustment: +$20,684.
Adjusted +$212,077 for 636 sqft more living space and -$4,217 for being older. Net adjustment: +$207,860.
Adjusted +$90,033 for 270 sqft more living space and -$2,109 for being older. Net adjustment: +$87,924.
Adjusted -$49,018 for 147 sqft less living space and -$2,109 for being older. Net adjustment: -$51,127.
The Neighborhood
This home is valued 4.9% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,601 across all districts. With a homestead exemption claimed, that drops to $7,263 — saving $1,338 per year. That's $605 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% | $4,269 |
| Round Rock | City | 0.3720% | $1,778 |
| Williamson County | County | 0.3694% | $1,766 |
| Austin Community College | special | 0.1034% | $494 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,601 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $648,040 would pay approximately $4,045 per month (principal and interest only, excluding taxes and insurance).