1215 RED BUD LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $501,945 and $600,530, with a best estimate of $557,195. That places the property above the R552600D - Forest Creek Sec 23 median of $505,102, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$557,195
$426,137
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R552600D - Forest Creek Sec 23, this home's estimated market value is between $501,945 and $600,530. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$153,727 for 559 sqft more living space and -$17,580 for being older. Net adjustment: +$136,147.
Adjusted +$52,526 for 191 sqft more living space and -$5,860 for being older. Net adjustment: +$46,666.
Adjusted +$146,027 for 531 sqft more living space and -$2,930 for being older. Net adjustment: +$143,097.
Adjusted -$17,600 for 64 sqft less living space and -$17,580 for being older. Net adjustment: -$35,180.
Adjusted +$84,701 for 308 sqft more living space and -$17,580 for being older. Net adjustment: +$67,121.
The Neighborhood
This home is valued 15.6% below the R552600D - Forest Creek Sec 23 median of $505,102. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
R552600D - Forest Creek Sec 23
below averageThis home is -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,667 across all districts. With a homestead exemption claimed, that drops to $6,338 — saving $1,329 per year. That's $528 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% | $3,806 |
| Round Rock | City | 0.3720% | $1,585 |
| Williamson County | County | 0.3694% | $1,574 |
| Austin Community College | special | 0.1034% | $441 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,667 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,195 would pay approximately $3,478 per month (principal and interest only, excluding taxes and insurance).