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506 MCNEIL RD, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

3 bed30,900 sqftBuilt 1980

Property at a Glance

This home is estimated between $7,316,948 and $7,614,587, with a best estimate of $7,365,595. That places the property above the R30IW - Mini-warehouse-west Round Rock median of $4,660,982, in a neighborhood that appreciated 71.5% over the past year.

Estimated Value Range

$7,316,948 $7,614,587
Best Estimate
$7,365,595
WCAD Value
$4,513,055
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in R30IW - Mini-warehouse-west Round Rock. The estimated range of $7,316,948 and $7,614,587 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,474 sqft Built 1987
Raw Value $320,037
Adjusted Value $7,365,595

Adjusted +$7,105,043 for 29,426 sqft more living space and +$708 for being newer and -$60,193 for no garage. Net adjustment: +$7,045,558.

3 bed 2 bath 1,001 sqft Built 1987
Raw Value $321,941
Adjusted Value $7,481,707

Adjusted +$7,219,251 for 29,899 sqft more living space and +$708 for being newer and -$60,193 for no garage. Net adjustment: +$7,159,766.

3 bed 2 bath 1,866 sqft Built 1990
Raw Value $365,737
Adjusted Value $7,316,948

Adjusted +$7,010,393 for 29,034 sqft more living space and +$1,011 for being newer and -$60,193 for no garage. Net adjustment: +$6,951,211.

3 bed 2 bath 1,662 sqft Built 1991
Raw Value $346,561
Adjusted Value $7,347,131

Adjusted +$7,059,650 for 29,238 sqft more living space and +$1,113 for being newer and -$60,193 for no garage. Net adjustment: +$7,000,570.

3 bed 2 bath 940 sqft Built 1990
Raw Value $439,789
Adjusted Value $7,614,587

Adjusted +$7,233,980 for 29,960 sqft more living space and +$1,011 for being newer and -$60,193 for no garage. Net adjustment: +$7,174,798.

The Neighborhood

This home is valued 3.2% below the R30IW - Mini-warehouse-west Round Rock median of $4,660,982. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 71.5% over the past year.

R30IW - Mini-warehouse-west Round Rock

typical
6 Properties
$4,660,982 Median Value
+71.5% YoY Change
0% Have Pool
0% Have Garage
This Home
$4,513,055
Median
$4,660,982

This home is -3.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $78,808 across all districts. With a homestead exemption claimed, that drops to $76,749 — saving $2,059 per year. That's $6,396 per month a buyer should budget. The assessed value increased +23.6% vs the subdivision average of +71.5%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$39,118
Round RockCity0.3720%$16,294
Williamson CountyCounty0.3694%$16,182
Austin Community Collegespecial0.1034%$4,529
Williamson County FM/RdCounty0.0443%$1,942
Upper Brushy Creek WCIDWater0.0170%$745
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$78,808
50 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $7,365,595 would pay approximately $45,976 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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