703 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $315,201 and $450,924, with a best estimate of $425,845. That places the property above the R510485H - SOUTHCREEK median of $335,905, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$425,845
$360,130
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 $315,201 and $450,924. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,547 for 141 sqft less living space and -$7,372 for being older. Net adjustment: -$40,919.
Adjusted -$10,706 for 45 sqft less living space and -$7,372 for being older. Net adjustment: -$18,078.
Adjusted +$122,290 for 514 sqft more living space and +$2,949 for being newer and -$1,861 for no pool. Net adjustment: +$123,378.
Adjusted +$100,878 for 424 sqft more living space and +$2,949 for being newer. Net adjustment: +$103,827.
Adjusted +$108,967 for 458 sqft more living space and +$1,474 for being newer. Net adjustment: +$110,441.
The Neighborhood
This home is valued 7.2% 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 +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,480 across all districts. With a homestead exemption claimed, that drops to $5,163 — saving $1,317 per year. That's $430 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% | $3,216 |
| Round Rock | City | 0.3720% | $1,340 |
| Williamson County | County | 0.3694% | $1,330 |
| Austin Community College | special | 0.1034% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,480 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,845 would pay approximately $2,658 per month (principal and interest only, excluding taxes and insurance).