1117 ALEXANDRIA WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $344,746 and $459,423, with a best estimate of $348,569. 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
$348,569
$332,493
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 $344,746 and $459,423. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$17,520 for 98 sqft more living space. Net adjustment: +$17,520.
Adjusted +$62,034 for 347 sqft more living space and +$1,180 for being newer. Net adjustment: +$63,214.
Adjusted +$13,408 for 75 sqft more living space and +$1,180 for being newer. Net adjustment: +$14,588.
Adjusted -$715 for 4 sqft less living space and +$1,180 for being newer. Net adjustment: +$465.
Adjusted +$11,442 for 64 sqft more living space and +$1,180 for being newer. Net adjustment: +$12,622.
The Neighborhood
This home is valued 3.0% below the R457404G - RAINBOW PARKE median of $342,797. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
R457404G - RAINBOW PARKE
typicalThis home is -3.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,982 across all districts. With a homestead exemption claimed, that drops to $4,671 — saving $1,311 per year. That's $389 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% | $2,969 |
| Round Rock | City | 0.3720% | $1,237 |
| Williamson County | County | 0.3694% | $1,228 |
| Austin Community College | special | 0.1034% | $344 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,982 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,569 would pay approximately $2,176 per month (principal and interest only, excluding taxes and insurance).