507 PETERSON ST, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $283,033 and $403,047, with a best estimate of $323,395. That places the property above 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
$323,395
$329,390
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 $283,033 and $403,047. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,730 for 31 sqft less living space and -$13,608 for being older. Net adjustment: -$23,338.
Adjusted +$109,856 for 350 sqft more living space and +$13,608 for being newer. Net adjustment: +$123,464.
Adjusted -$8,475 for 27 sqft less living space and +$13,608 for being newer. Net adjustment: +$5,133.
Adjusted -$35,154 for 112 sqft less living space and +$13,608 for being newer. Net adjustment: -$21,546.
Adjusted -$114,878 for 366 sqft less living space and +$13,608 for being newer. Net adjustment: -$101,270.
The Neighborhood
This home is valued 3.5% above the R505490H - DOVE CREEK & TWIN RIDGE - GE 1985 median of $318,314. With 37 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 16.9% over the past year.
R505490H - DOVE CREEK & TWIN RIDGE - GE 1985
typicalThis home is +3.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,927 across all districts. With a homestead exemption claimed, that drops to $4,615 — saving $1,312 per year. That's $385 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% | $2,942 |
| Round Rock | City | 0.3720% | $1,225 |
| Williamson County | County | 0.3694% | $1,217 |
| Austin Community College | special | 0.1034% | $341 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,927 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,395 would pay approximately $2,019 per month (principal and interest only, excluding taxes and insurance).