706 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $193,149 and $423,027, with a best estimate of $303,792. That places the property below the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$303,792
$321,166
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $193,149 and $423,027. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$88,982 for 374 sqft more living space. Net adjustment: +$88,982.
Adjusted -$155,599 for 654 sqft less living space and -$7,372 for being older. Net adjustment: -$162,971.
Adjusted -$132,759 for 558 sqft less living space and -$7,372 for being older. Net adjustment: -$140,131.
Adjusted +$238 for 1 sqft more living space and +$2,949 for being newer and -$1,861 for no pool. Net adjustment: +$1,326.
Adjusted -$21,175 for 89 sqft less living space and +$2,949 for being newer. Net adjustment: -$18,226.
The Neighborhood
This home is valued 4.4% below the R510485H - SOUTHCREEK median of $335,905. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,779 across all districts. With a homestead exemption claimed, that drops to $4,469 — saving $1,310 per year. That's $372 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% | $2,868 |
| Round Rock | City | 0.3720% | $1,195 |
| Williamson County | County | 0.3694% | $1,187 |
| Austin Community College | special | 0.1034% | $332 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,779 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $303,792 would pay approximately $1,896 per month (principal and interest only, excluding taxes and insurance).