1306 RAINBOW PARKE DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $374,509 and $383,413, with a best estimate of $377,508. That places the property above the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$377,508
$345,330
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R457404G - RAINBOW PARKE, this home's estimated market value is between $374,509 and $383,413. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$50,057 for 280 sqft more living space. Net adjustment: +$50,057.
Adjusted +$43,263 for 242 sqft more living space and -$1,180 for being older. Net adjustment: +$42,083.
Adjusted +$53,453 for 299 sqft more living space and -$2,360 for being older. Net adjustment: +$51,093.
Adjusted +$29,319 for 164 sqft more living space and -$3,540 for being older. Net adjustment: +$25,779.
Adjusted +$49,699 for 278 sqft more living space and +$1,180 for being newer. Net adjustment: +$50,879.
The Neighborhood
This home is in line with the R457404G - RAINBOW PARKE median of $342,797. Note that values in this subdivision declined 7.4% over the past year.
R457404G - RAINBOW PARKE
typicalThis home is +0.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,213 across all districts. With a homestead exemption claimed, that drops to $4,899 — saving $1,314 per year. That's $408 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% | $3,084 |
| Round Rock | City | 0.3720% | $1,285 |
| Williamson County | County | 0.3694% | $1,276 |
| Austin Community College | special | 0.1034% | $357 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,213 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $377,508 would pay approximately $2,356 per month (principal and interest only, excluding taxes and insurance).