605 ELDER WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $280,417 and $351,842, with a best estimate of $303,515. 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
$303,515
$277,897
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 $280,417 and $351,842. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,045 for 17 sqft more living space and -$1,474 for being older. Net adjustment: +$2,571.
Adjusted -$8,327 for 35 sqft less living space. Net adjustment: -$8,327.
Adjusted -$14,513 for 61 sqft less living space. Net adjustment: -$14,513.
Adjusted -$21,413 for 90 sqft less living space. Net adjustment: -$21,413.
Adjusted -$17,606 for 74 sqft less living space and -$1,474 for being older. Net adjustment: -$19,080.
The Neighborhood
This home is valued 17.3% below the R510485H - SOUTHCREEK median of $335,905. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
R510485H - SOUTHCREEK
below averageThis home is -17.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,000 across all districts. With a homestead exemption claimed, that drops to $3,698 — saving $1,302 per year. That's $308 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% | $2,482 |
| Round Rock | City | 0.3720% | $1,034 |
| Williamson County | County | 0.3694% | $1,027 |
| Austin Community College | special | 0.1034% | $287 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,000 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $303,515 would pay approximately $1,895 per month (principal and interest only, excluding taxes and insurance).