1408 GULF WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $264,107 and $317,512, with a best estimate of $300,458. That places the property below 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
$300,458
$316,023
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 $264,107 and $317,512. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted -$25,170 for 117 sqft less living space. Net adjustment: -$25,170.
Adjusted -$50,771 for 236 sqft less living space and -$8,612 for being older. Net adjustment: -$59,383.
Adjusted -$53,352 for 248 sqft less living space and -$8,612 for being older. Net adjustment: -$61,964.
Adjusted -$7,960 for 37 sqft less living space and -$34,450 for being older. Net adjustment: -$42,410.
The Neighborhood
This home is valued 3.9% 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
typicalThis home is +3.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,686 across all districts. With a homestead exemption claimed, that drops to $4,377 — saving $1,309 per year. That's $365 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% | $2,822 |
| Round Rock | City | 0.3720% | $1,176 |
| Williamson County | County | 0.3694% | $1,168 |
| Austin Community College | special | 0.1034% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,686 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $300,458 would pay approximately $1,875 per month (principal and interest only, excluding taxes and insurance).