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3948 GRAYLING LN, ROUND ROCK, TX 78681

ROUND ROCK, 78681 — williamson County

4 bed2 bath2,227 sqftBuilt 1993

Property at a Glance

This home is estimated between $549,406 and $857,168, with a best estimate of $668,684. That places the property above the L494500D - Vista Oaks Sec 5B Ph 2 & SEC 5C median of $449,628, in a neighborhood that declined 2.9% over the past year.

Estimated Value Range

$549,406 $857,168
Best Estimate
$668,684
WCAD Value
$440,032
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L494500D - Vista Oaks Sec 5B Ph 2 & SEC 5C. The estimated range of $549,406 and $857,168 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,154 sqft Built 2001
Raw Value $860,722
Adjusted Value $852,857

Adjusted +$20,554 for 73 sqft more living space and -$28,419 for being older. Net adjustment: -$7,865.

4 bed 2 bath 1,934 sqft Built 1978
Raw Value $484,482
Adjusted Value $620,264

Adjusted +$82,496 for 293 sqft more living space and +$53,286 for being newer. Net adjustment: +$135,782.

4 bed 3 bath 2,219 sqft Built 2007
Raw Value $904,649
Adjusted Value $857,168

Adjusted +$2,252 for 8 sqft more living space and -$49,733 for being older. Net adjustment: -$47,481.

3 bed 2 bath 2,044 sqft Built 1981
Raw Value $455,252
Adjusted Value $549,406

Adjusted +$51,525 for 183 sqft more living space and +$42,629 for being newer. Net adjustment: +$94,154.

3 bed 2 bath 2,221 sqft Built 2014
Raw Value $741,595
Adjusted Value $668,684

Adjusted +$1,689 for 6 sqft more living space and -$74,600 for being older. Net adjustment: -$72,911.

The Neighborhood

This home is valued 2.1% below the L494500D - Vista Oaks Sec 5B Ph 2 & SEC 5C median of $449,628. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.9% over the past year.

L494500D - Vista Oaks Sec 5B Ph 2 & SEC 5C

typical
904 Properties
$449,628 Median Value
-2.9% YoY Change
1% Have Pool
99% Have Garage
This Home
$440,032
Median
$449,628

This home is -2.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,511 across all districts. With a homestead exemption claimed, that drops to $6,908 — saving $1,603 per year. That's $576 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
Leander ISDSchool1.0869%$4,783
Williamson CountyCounty0.3694%$1,626
Vista Oaks MUDMUD0.2131%$938
Austin Community Collegespecial0.1034%$455
Williamson County ESD #9 - Round RockESD0.0999%$440
Williamson County FM/RdCounty0.0443%$195
Upper Brushy Creek WCIDWater0.0170%$75
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9341%$8,511

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $668,684 would pay approximately $4,174 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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