1703 SPRINGWATER DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $325,132 and $615,757, with a best estimate of $515,848. That places the property above 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
$515,848
$353,126
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R280589F - Oakcreek Sec 1,2, and (AMD's), this home's estimated market value is between $325,132 and $615,757. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,336 for 19 sqft more living space and -$12,651 for being older. Net adjustment: -$6,315.
Adjusted +$152,722 for 458 sqft more living space and -$2,109 for being older. Net adjustment: +$150,613.
Adjusted +$110,707 for 332 sqft more living space and -$16,869 for being older. Net adjustment: +$93,838.
Adjusted -$22,341 for 67 sqft less living space. Net adjustment: -$22,341.
Adjusted -$15,339 for 46 sqft less living space and -$12,651 for being older. Net adjustment: -$27,990.
The Neighborhood
This home is valued 29.8% below the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
below averageThis home is -29.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,354 across all districts. With a homestead exemption claimed, that drops to $5,038 — saving $1,316 per year. That's $420 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% | $3,154 |
| Round Rock | City | 0.3720% | $1,314 |
| Williamson County | County | 0.3694% | $1,305 |
| Austin Community College | special | 0.1034% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,354 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $515,848 would pay approximately $3,220 per month (principal and interest only, excluding taxes and insurance).