1120 ALEXANDRIA WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $245,598 and $360,275, with a best estimate of $249,421. That places the property below the R457404G - RAINBOW PARKE median of $342,797, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$249,421
$453,966
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 $245,598 and $360,275. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,448 for 450 sqft less living space and -$1,180 for being older. Net adjustment: -$81,628.
Adjusted -$35,934 for 201 sqft less living space. Net adjustment: -$35,934.
Adjusted -$84,560 for 473 sqft less living space. Net adjustment: -$84,560.
Adjusted -$98,683 for 552 sqft less living space. Net adjustment: -$98,683.
Adjusted -$86,526 for 484 sqft less living space. Net adjustment: -$86,526.
The Neighborhood
This home is valued 32.4% 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
above averageThis home is +32.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,168 across all districts. With a homestead exemption claimed, that drops to $6,834 — saving $1,334 per year. That's $570 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% | $4,054 |
| Round Rock | City | 0.3720% | $1,689 |
| Williamson County | County | 0.3694% | $1,677 |
| Austin Community College | special | 0.1034% | $469 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,168 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $249,421 would pay approximately $1,557 per month (principal and interest only, excluding taxes and insurance).