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1201 GULF WAY, ROUND ROCK, TX 78665

ROUND ROCK, 78665 — williamson County

3 bed2 bath1,700 sqftBuilt 1999

Property at a Glance

This home is estimated between $335,807 and $515,076, with a best estimate of $487,137. That places the property above the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044, in a neighborhood that declined 6.3% over the past year.

Estimated Value Range

$335,807 $515,076
Best Estimate
$487,137
WCAD Value
$306,093
High Confidence

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

Based on 5 comparable properties in R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6, this home's estimated market value is between $335,807 and $515,076. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1200 GULF WAY, ROUND ROCK, TX 78665
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,312 sqft Built 1998
Raw Value $395,055
Adjusted Value $487,137

Adjusted +$83,470 for 388 sqft more living space and +$8,612 for being newer. Net adjustment: +$92,082.

1202 GULF WAY, ROUND ROCK, TX 78665
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,213 sqft Built 1999
Raw Value $285,488
Adjusted Value $390,256

Adjusted +$104,768 for 487 sqft more living space. Net adjustment: +$104,768.

1207 GULF WAY, ROUND ROCK, TX 78665
0.03 mi 100% similar Same subdivision
3 bed 2 bath 976 sqft Built 1999
Raw Value $359,322
Adjusted Value $515,076

Adjusted +$155,754 for 724 sqft more living space. Net adjustment: +$155,754.

1204 GULF WAY, ROUND ROCK, TX 78665
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,551 sqft Built 1998
Raw Value $295,141
Adjusted Value $335,807

Adjusted +$32,054 for 149 sqft more living space and +$8,612 for being newer. Net adjustment: +$40,666.

1206 GULF WAY, ROUND ROCK, TX 78665
0.05 mi 100% similar Same subdivision
3 bed 2 bath 1,092 sqft Built 1998
Raw Value $368,343
Adjusted Value $507,754

Adjusted +$130,799 for 608 sqft more living space and +$8,612 for being newer. Net adjustment: +$139,411.

The Neighborhood

This home is in line with the R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6 median of $304,044. Note that values in this subdivision declined 6.3% over the past year.

R403497H - Meadow Lake Sec 1A, 2 (Rev), 3, 6

typical
421 Properties
$304,044 Median Value
-6.3% YoY Change
1% Have Pool
99% Have Garage
This Home
$306,093
Median
$304,044

This home is +0.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $5,507 across all districts. With a homestead exemption claimed, that drops to $4,201 — saving $1,306 per year. That's $350 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%$2,734
Round RockCity0.3720%$1,139
Williamson CountyCounty0.3694%$1,131
Austin Community Collegespecial0.1034%$317
Williamson County FM/RdCounty0.0443%$136
Upper Brushy Creek WCIDWater0.0170%$52
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7993%$5,507

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $487,137 would pay approximately $3,041 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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