1207 GULF WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $173,205 and $370,532, with a best estimate of $352,000. That places the property above the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$352,000
$359,322
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6, this home's estimated market value is between $173,205 and $370,532. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$119,612 for 556 sqft less living space and -$8,612 for being older. Net adjustment: -$128,224.
Adjusted +$861 for 4 sqft more living space. Net adjustment: +$861.
Adjusted +$18,286 for 85 sqft more living space. Net adjustment: +$18,286.
Adjusted +$3,442 for 16 sqft more living space. Net adjustment: +$3,442.
Adjusted -$24,955 for 116 sqft less living space and +$8,612 for being newer. Net adjustment: -$16,343.
The Neighborhood
This home is valued 18.2% above the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044. With 421 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.3% over the past year.
R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6
above averageThis home is +18.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,465 across all districts. With a homestead exemption claimed, that drops to $5,148 — saving $1,317 per year. That's $429 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% | $3,209 |
| Round Rock | City | 0.3720% | $1,337 |
| Williamson County | County | 0.3694% | $1,328 |
| Austin Community College | special | 0.1034% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,465 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $352,000 would pay approximately $2,197 per month (principal and interest only, excluding taxes and insurance).