721 ARROWOOD PL, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $486,070 and $572,187, with a best estimate of $520,779. That places the property above the R530506E - SONOMA ALL SECTIONS median of $451,534, in a neighborhood that declined 7.0% over the past year.
Estimated Value Range
$520,779
$387,568
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $486,070 and $572,187. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$105,049 for 392 sqft more living space and -$5,432 for being older. Net adjustment: +$99,617.
Adjusted +$112,284 for 419 sqft more living space. Net adjustment: +$112,284.
Adjusted +$33,230 for 124 sqft more living space and -$27,161 for being older. Net adjustment: +$6,069.
Adjusted +$61,100 for 228 sqft more living space. Net adjustment: +$61,100.
Adjusted -$1,340 for 5 sqft less living space and -$16,296 for being older. Net adjustment: -$17,636.
The Neighborhood
This home is valued 14.2% below the R530506E - SONOMA ALL SECTIONS median of $451,534. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.0% over the past year.
R530506E - SONOMA ALL SECTIONS
typicalThis home is -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,973 across all districts. With a homestead exemption claimed, that drops to $5,651 — saving $1,322 per year. That's $471 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% | $3,461 |
| Round Rock | City | 0.3720% | $1,442 |
| Williamson County | County | 0.3694% | $1,432 |
| Austin Community College | special | 0.1034% | $401 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,779 would pay approximately $3,251 per month (principal and interest only, excluding taxes and insurance).