506 PETERSON ST, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $171,513 and $208,550, with a best estimate of $199,932. That places the property below the R505490H - DOVE CREEK & TWIN RIDGE - GE 1985 median of $318,314, in a neighborhood that declined 16.9% over the past year.
Estimated Value Range
$199,932
$279,583
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R505490H - DOVE CREEK & TWIN RIDGE - GE 1985, this home's estimated market value is between $171,513 and $208,550. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$119,586 for 381 sqft less living space and -$27,215 for being older. Net adjustment: -$146,801.
Adjusted -$118,330 for 377 sqft less living space. Net adjustment: -$118,330.
Adjusted -$145,010 for 462 sqft less living space. Net adjustment: -$145,010.
Adjusted -$123,666 for 394 sqft less living space and -$13,608 for being older. Net adjustment: -$137,274.
Adjusted -$109,856 for 350 sqft less living space and -$13,608 for being older. Net adjustment: -$123,464.
The Neighborhood
This home is valued 12.2% below the R505490H - DOVE CREEK & TWIN RIDGE - GE 1985 median of $318,314. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 16.9% over the past year.
R505490H - DOVE CREEK & TWIN RIDGE - GE 1985
typicalThis home is -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,030 across all districts. With a homestead exemption claimed, that drops to $3,728 — saving $1,302 per year. That's $311 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% | $2,497 |
| Round Rock | City | 0.3720% | $1,040 |
| Williamson County | County | 0.3694% | $1,033 |
| Austin Community College | special | 0.1034% | $289 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,030 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $199,932 would pay approximately $1,248 per month (principal and interest only, excluding taxes and insurance).