1518 GULF WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $385,944 and $435,035, with a best estimate of $419,113. That places the property above the R402401F - Lakeside Sub Sec 1 median of $311,433, in a neighborhood that declined 11.3% over the past year.
Estimated Value Range
$419,113
$409,157
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R402401F - Lakeside Sub Sec 1, this home's estimated market value is between $385,944 and $435,035. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$95,234 for 323 sqft more living space. Net adjustment: +$95,234.
Adjusted +$63,096 for 214 sqft more living space and +$7,535 for being newer. Net adjustment: +$70,631.
Adjusted +$82,261 for 279 sqft more living space and +$7,535 for being newer. Net adjustment: +$89,796.
Adjusted +$43,342 for 147 sqft more living space and +$11,302 for being newer. Net adjustment: +$54,644.
Adjusted +$31,843 for 108 sqft more living space. Net adjustment: +$31,843.
The Neighborhood
This home is valued 31.4% above the R402401F - Lakeside Sub Sec 1 median of $311,433. With 135 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.3% over the past year.
R402401F - Lakeside Sub Sec 1
above averageThis home is +31.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,362 across all districts. With a homestead exemption claimed, that drops to $6,036 — saving $1,326 per year. That's $503 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% | $3,654 |
| Round Rock | City | 0.3720% | $1,522 |
| Williamson County | County | 0.3694% | $1,512 |
| Austin Community College | special | 0.1034% | $423 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,362 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,113 would pay approximately $2,616 per month (principal and interest only, excluding taxes and insurance).