2302 FALCON DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $540,476 and $698,658, with a best estimate of $547,134. That places the property above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867, in a neighborhood that declined 8.9% over the past year.
Estimated Value Range
$547,134
$657,898
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R280589F - Oakcreek Sec 1,2, and (AMD's). The estimated range of $540,476 and $698,658 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$66,691 for 200 sqft more living space and +$18,977 for being newer. Net adjustment: +$85,668.
Adjusted +$122,378 for 367 sqft more living space and +$12,651 for being newer. Net adjustment: +$135,029.
Adjusted +$7,669 for 23 sqft more living space and -$50,606 for being older. Net adjustment: -$42,937.
Adjusted +$91,033 for 273 sqft more living space and +$31,629 for being newer. Net adjustment: +$122,662.
Adjusted +$189,736 for 569 sqft more living space and -$10,543 for being older. Net adjustment: +$179,193.
The Neighborhood
This home is valued 30.8% above the R280589F - Oakcreek Sec 1,2, and (AMD's) median of $502,867. With 787 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.9% over the past year.
R280589F - Oakcreek Sec 1,2, and (AMD's)
above averageThis home is +30.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,837 across all districts. With a homestead exemption claimed, that drops to $10,466 — saving $1,371 per year. That's $872 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% | $5,876 |
| Round Rock | City | 0.3720% | $2,447 |
| Williamson County | County | 0.3694% | $2,431 |
| Austin Community College | special | 0.1034% | $680 |
| Williamson County FM/Rd | County | 0.0443% | $292 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $11,837 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $547,134 would pay approximately $3,415 per month (principal and interest only, excluding taxes and insurance).