1208 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $246,274 and $290,414, with a best estimate of $268,712. That places the property below the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$268,712
$265,040
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $246,274 and $290,414. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$5,980 for 29 sqft less living space and +$711 for being newer. Net adjustment: -$5,269.
Adjusted -$49,489 for 240 sqft less living space. Net adjustment: -$49,489.
Adjusted +$5,155 for 25 sqft more living space and +$2,134 for being newer. Net adjustment: +$7,289.
Adjusted -$206 for 1 sqft less living space and +$2,134 for being newer. Net adjustment: +$1,928.
Adjusted +$206 for 1 sqft more living space and +$14,939 for being newer. Net adjustment: +$15,145.
The Neighborhood
This home is valued 5.2% below the R464476H - MESA PARK ALL SECTIONS median of $279,680. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is -5.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,769 across all districts. With a homestead exemption claimed, that drops to $3,470 — saving $1,299 per year. That's $289 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% | $2,367 |
| Round Rock | City | 0.3720% | $986 |
| Williamson County | County | 0.3694% | $979 |
| Austin Community College | special | 0.1034% | $274 |
| Williamson County FM/Rd | County | 0.0443% | $117 |
| Upper Brushy Creek WCID | Water | 0.0170% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,712 would pay approximately $1,677 per month (principal and interest only, excluding taxes and insurance).