2508 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $184,355 and $438,844, with a best estimate of $258,664. That places the property below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867, in a neighborhood that declined 8.9% over the past year.
Estimated Value Range
$258,664
$480,220
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R280589F - Oakcreek Sec 1,2, and (AMD's). The estimated range of $184,355 and $438,844 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$18,977 for being older. Net adjustment: -$18,977.
Adjusted -$82,030 for 246 sqft less living space and -$2,109 for being older. Net adjustment: -$84,139.
Adjusted -$64,357 for 193 sqft less living space and +$29,520 for being newer. Net adjustment: -$34,837.
Adjusted -$90,700 for 272 sqft less living space and +$23,194 for being newer. Net adjustment: -$67,506.
Adjusted -$104,705 for 314 sqft less living space and +$18,977 for being newer. Net adjustment: -$85,728.
The Neighborhood
This home is valued 4.5% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is -4.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,640 across all districts. With a homestead exemption claimed, that drops to $7,301 — saving $1,339 per year. That's $608 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% | $4,289 |
| Round Rock | City | 0.3720% | $1,786 |
| Williamson County | County | 0.3694% | $1,774 |
| Austin Community College | special | 0.1034% | $497 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,640 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $258,664 would pay approximately $1,615 per month (principal and interest only, excluding taxes and insurance).