501 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $306,518 and $362,984, with a best estimate of $330,905. That places the property below the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$330,905
$346,951
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R510485H - SOUTHCREEK, this home's estimated market value is between $306,518 and $362,984. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,353 for 157 sqft less living space and +$13,269 for being newer. Net adjustment: -$24,084.
Adjusted +$238 for 1 sqft more living space and +$5,897 for being newer. Net adjustment: +$6,135.
Adjusted -$49,249 for 207 sqft less living space and +$5,897 for being newer. Net adjustment: -$43,352.
Adjusted -$16,892 for 71 sqft less living space and +$16,218 for being newer. Net adjustment: -$674.
Adjusted -$24,744 for 104 sqft less living space and +$13,269 for being newer. Net adjustment: -$11,475.
The Neighborhood
This home is valued 3.3% above the R510485H - SOUTHCREEK median of $335,905. With 1,020 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,243 across all districts. With a homestead exemption claimed, that drops to $4,928 — saving $1,315 per year. That's $411 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% | $3,099 |
| Round Rock | City | 0.3720% | $1,291 |
| Williamson County | County | 0.3694% | $1,282 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,243 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,905 would pay approximately $2,065 per month (principal and interest only, excluding taxes and insurance).