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1148 ALEXANDRIA WAY, ROUND ROCK, TX 78665

ROUND ROCK, 78665 — williamson County

3 bed2 bath2,152 sqftBuilt 2007

Property at a Glance

This home is estimated between $383,290 and $497,967, with a best estimate of $387,112. That places the property above the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.

Estimated Value Range

$383,290 $497,967
Best Estimate
$387,112
WCAD Value
$351,897
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in R457404G - RAINBOW PARKE, this home's estimated market value is between $383,290 and $497,967. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1109 ALEXANDRIA WAY, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,845 sqft Built 2006
Raw Value $327,226
Adjusted Value $383,290

Adjusted +$54,884 for 307 sqft more living space and +$1,180 for being newer. Net adjustment: +$56,064.

1100 ALEXANDRIA WAY, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,596 sqft Built 2005
Raw Value $396,209
Adjusted Value $497,967

Adjusted +$99,398 for 556 sqft more living space and +$2,360 for being newer. Net adjustment: +$101,758.

1140 ALEXANDRIA WAY, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,868 sqft Built 2005
Raw Value $332,560
Adjusted Value $385,692

Adjusted +$50,772 for 284 sqft more living space and +$2,360 for being newer. Net adjustment: +$53,132.

1136 ALEXANDRIA WAY, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,947 sqft Built 2005
Raw Value $352,460
Adjusted Value $391,469

Adjusted +$36,649 for 205 sqft more living space and +$2,360 for being newer. Net adjustment: +$39,009.

1121 ALEXANDRIA WAY, ROUND ROCK, TX 78665
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,879 sqft Built 2005
Raw Value $335,947
Adjusted Value $387,112

Adjusted +$48,805 for 273 sqft more living space and +$2,360 for being newer. Net adjustment: +$51,165.

The Neighborhood

This home is valued 2.7% above the R457404G - RAINBOW PARKE median of $342,797. With 131 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.

R457404G - RAINBOW PARKE

typical
131 Properties
$342,797 Median Value
-7.4% YoY Change
1% Have Pool
100% Have Garage
This Home
$351,897
Median
$342,797

This home is +2.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,332 across all districts. With a homestead exemption claimed, that drops to $5,016 — saving $1,316 per year. That's $418 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

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$3,143
Round RockCity0.3720%$1,309
Williamson CountyCounty0.3694%$1,300
Austin Community Collegespecial0.1034%$364
Williamson County FM/RdCounty0.0443%$156
Upper Brushy Creek WCIDWater0.0170%$60
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$6,332

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $387,112 would pay approximately $2,416 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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