1200 MELBOURNE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $251,543 and $295,683, with a best estimate of $270,309. That places the property below the R464476H - MESA PARK ALL SECTIONS median of $279,680, in a neighborhood that declined 6.4% over the past year.
Estimated Value Range
$270,309
$273,981
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $251,543 and $295,683. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$5,980 for 29 sqft more living space and -$711 for being older. Net adjustment: +$5,269.
Adjusted -$43,509 for 211 sqft less living space and -$711 for being older. Net adjustment: -$44,220.
Adjusted +$11,135 for 54 sqft more living space and +$1,423 for being newer. Net adjustment: +$12,558.
Adjusted +$5,774 for 28 sqft more living space and +$1,423 for being newer. Net adjustment: +$7,197.
Adjusted +$6,186 for 30 sqft more living space and +$14,228 for being newer. Net adjustment: +$20,414.
The Neighborhood
This home is valued 2.0% below the R464476H - MESA PARK ALL SECTIONS median of $279,680. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.4% over the past year.
R464476H - MESA PARK ALL SECTIONS
typicalThis home is -2.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,930 across all districts. With a homestead exemption claimed, that drops to $3,629 — saving $1,301 per year. That's $302 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% | $2,447 |
| Round Rock | City | 0.3720% | $1,019 |
| Williamson County | County | 0.3694% | $1,012 |
| Austin Community College | special | 0.1034% | $283 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,930 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $270,309 would pay approximately $1,687 per month (principal and interest only, excluding taxes and insurance).