1202 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $292,345 and $315,234, with a best estimate of $303,262. That places the property above the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$303,262
$286,912
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $292,345 and $315,234. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$35,261 for 171 sqft more living space and -$711 for being older. Net adjustment: +$34,550.
Adjusted +$29,281 for 142 sqft more living space. Net adjustment: +$29,281.
Adjusted -$14,228 for 69 sqft less living space and -$711 for being older. Net adjustment: -$14,939.
Adjusted +$40,416 for 196 sqft more living space and +$1,423 for being newer. Net adjustment: +$41,839.
Adjusted -$619 for 3 sqft less living space and +$12,805 for being newer. Net adjustment: +$12,186.
The Neighborhood
This home is valued 2.6% above the R464476H - MESA PARK ALL SECTIONS median of $279,680. With 722 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is +2.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,162 across all districts. With a homestead exemption claimed, that drops to $3,859 — saving $1,303 per year. That's $322 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% | $2,562 |
| Round Rock | City | 0.3720% | $1,067 |
| Williamson County | County | 0.3694% | $1,060 |
| Austin Community College | special | 0.1034% | $297 |
| Williamson County FM/Rd | County | 0.0443% | $127 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,162 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $303,262 would pay approximately $1,893 per month (principal and interest only, excluding taxes and insurance).