2427 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $363,250 and $566,847, with a best estimate of $403,605. 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
$403,605
$521,093
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 $363,250 and $566,847. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$20,007 for 60 sqft less living space and -$14,760 for being older. Net adjustment: -$34,767.
Adjusted -$85,364 for 256 sqft less living space and +$8,434 for being newer. Net adjustment: -$76,930.
Adjusted -$207,409 for 622 sqft less living space and +$10,543 for being newer. Net adjustment: -$196,866.
Adjusted -$61,356 for 184 sqft less living space and +$10,543 for being newer. Net adjustment: -$50,813.
Adjusted -$20,007 for 60 sqft less living space and -$2,109 for being older. Net adjustment: -$22,116.
The Neighborhood
This home is valued 3.6% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,376 across all districts. With a homestead exemption claimed, that drops to $8,029 — saving $1,347 per year. That's $669 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% | $4,654 |
| Round Rock | City | 0.3720% | $1,938 |
| Williamson County | County | 0.3694% | $1,925 |
| Austin Community College | special | 0.1034% | $539 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $9,376 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $403,605 would pay approximately $2,519 per month (principal and interest only, excluding taxes and insurance).