2240 PARK PLACE CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $896,727 and $979,556, with a best estimate of $944,372. That places the property below 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
$944,372
$1,044,053
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 $896,727 and $979,556. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$285,842 for 692 sqft less living space and -$15,737 for being older. Net adjustment: -$301,579.
Adjusted +$11,153 for 27 sqft more living space and +$20,983 for being newer. Net adjustment: +$32,136.
Adjusted -$278,407 for 674 sqft less living space and -$10,491 for being older. Net adjustment: -$288,898.
Adjusted -$38,828 for 94 sqft less living space and +$10,491 for being newer. Net adjustment: -$28,337.
Adjusted -$27,262 for 66 sqft less living space and -$10,491 for being older. Net adjustment: -$37,753.
The Neighborhood
This home is valued 10.9% 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 -10.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,785 across all districts. With a homestead exemption claimed, that drops to $17,342 — saving $1,443 per year. That's $1,445 per month a buyer should budget. The assessed value increased +2.6% vs the subdivision average of -5.9%. This above-average increase gives a protest opportunity score of 53 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $9,324 |
| Round Rock | City | 0.3720% | $3,884 |
| Williamson County | County | 0.3694% | $3,857 |
| Austin Community College | special | 0.1034% | $1,080 |
| Williamson County FM/Rd | County | 0.0443% | $463 |
| Upper Brushy Creek WCID | Water | 0.0170% | $177 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $18,785 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $944,372 would pay approximately $5,895 per month (principal and interest only, excluding taxes and insurance).