1406 GULF WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $248,155 and $441,958, with a best estimate of $318,406. That places the property above 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
$318,406
$289,388
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 $248,155 and $441,958. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,586 for 356 sqft more living space and -$8,612 for being older. Net adjustment: +$67,974.
Adjusted +$38,078 for 177 sqft more living space. Net adjustment: +$38,078.
Adjusted +$21,513 for 100 sqft more living space. Net adjustment: +$21,513.
Adjusted -$31,839 for 148 sqft less living space. Net adjustment: -$31,839.
Adjusted +$79,168 for 368 sqft more living space and -$8,612 for being older. Net adjustment: +$70,556.
The Neighborhood
This home is valued 4.8% below the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044. That positions it competitively for buyers comparing within the neighborhood. 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 -4.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,207 across all districts. With a homestead exemption claimed, that drops to $3,903 — saving $1,304 per year. That's $325 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% | $2,585 |
| Round Rock | City | 0.3720% | $1,077 |
| Williamson County | County | 0.3694% | $1,069 |
| Austin Community College | special | 0.1034% | $299 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,207 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,406 would pay approximately $1,987 per month (principal and interest only, excluding taxes and insurance).