7004 MAGIC MOUNTAIN LN W, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $392,469 and $601,548, with a best estimate of $530,524. That places the property above the R292598D - Stone Canyon - Weekley & Newmark median of $523,036, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$530,524
$567,318
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 $392,469 and $601,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$161,151 for 483 sqft less living space. Net adjustment: -$161,151.
Adjusted -$140,798 for 422 sqft less living space. Net adjustment: -$140,798.
Adjusted -$19,685 for 59 sqft less living space and -$1,095 for being older. Net adjustment: -$20,780.
Adjusted +$3,670 for 11 sqft more living space. Net adjustment: +$3,670.
Adjusted -$15,014 for 45 sqft less living space and +$1,095 for being newer. Net adjustment: -$13,919.
The Neighborhood
This home is valued 8.5% 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 +8.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,686 across all districts. With a homestead exemption claimed, that drops to $8,331 — saving $1,355 per year. That's $694 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% | $5,067 |
| Williamson County | County | 0.3694% | $2,096 |
| Fern Bluff MUD | MUD | 0.1800% | $1,021 |
| Austin Community College | special | 0.1034% | $587 |
| Williamson County ESD #2 - Sam Bass VFD | ESD | 0.1000% | $567 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7073% | $9,686 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $530,524 would pay approximately $3,312 per month (principal and interest only, excluding taxes and insurance).