505 S LAKE CREEK DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $276,342 and $462,652, with a best estimate of $321,894. That places the property below the R325576F - ROUND ROCK WEST/LAKE CREEK WEST/SHADOW BROOK median of $476,515, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$321,894
$493,674
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $276,342 and $462,652. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$89,731 for 378 sqft less living space and -$7,101 for being older. Net adjustment: -$96,832.
Adjusted -$155,487 for 655 sqft less living space and -$7,101 for being older. Net adjustment: -$162,588.
Adjusted -$62,432 for 263 sqft less living space. Net adjustment: -$62,432.
Adjusted -$164,270 for 692 sqft less living space. Net adjustment: -$164,270.
Adjusted +$2,374 for 10 sqft more living space and -$16,569 for being older. Net adjustment: -$14,195.
The Neighborhood
This home is valued 3.6% above the R325576F - ROUND ROCK WEST/LAKE CREEK WEST/SHADOW BROOK median of $476,515. With 822 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R325576F - ROUND ROCK WEST/LAKE CREEK WEST/SHADOW BROOK
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,883 across all districts. With a homestead exemption claimed, that drops to $7,541 — saving $1,342 per year. That's $628 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% | $4,409 |
| Round Rock | City | 0.3720% | $1,836 |
| Williamson County | County | 0.3694% | $1,824 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,883 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $321,894 would pay approximately $2,009 per month (principal and interest only, excluding taxes and insurance).