2188 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,323,443 and $1,644,505, with a best estimate of $1,566,596. That places the property above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,566,596
$1,063,399
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $1,323,443 and $1,644,505. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$378,782 for 917 sqft more living space and -$10,491 for being older. Net adjustment: +$368,291.
Adjusted +$267,667 for 648 sqft more living space and -$5,246 for being older. Net adjustment: +$262,421.
Adjusted +$386,217 for 935 sqft more living space and -$5,246 for being older. Net adjustment: +$380,971.
Adjusted +$189,598 for 459 sqft more living space and +$5,246 for being newer. Net adjustment: +$194,844.
Adjusted -$50,807 for 123 sqft less living space and -$5,246 for being older. Net adjustment: -$56,053.
The Neighborhood
This home is valued 9.2% below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is -9.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $19,133 across all districts. With a homestead exemption claimed, that drops to $17,687 — saving $1,446 per year. That's $1,474 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% | $9,497 |
| Round Rock | City | 0.3720% | $3,956 |
| Williamson County | County | 0.3694% | $3,929 |
| Austin Community College | special | 0.1034% | $1,100 |
| Williamson County FM/Rd | County | 0.0443% | $471 |
| Upper Brushy Creek WCID | Water | 0.0170% | $181 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $19,133 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,566,596 would pay approximately $9,779 per month (principal and interest only, excluding taxes and insurance).