1231 RED BUD LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $358,848 and $457,433, with a best estimate of $407,035. That places the property below the R552600D - Forest Creek Sec 23 median of $505,102, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$407,035
$442,804
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $358,848 and $457,433. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$7,700 for 28 sqft more living space and -$14,650 for being older. Net adjustment: -$6,950.
Adjusted -$93,501 for 340 sqft less living space and -$2,930 for being older. Net adjustment: -$96,431.
Adjusted -$61,326 for 223 sqft less living space and -$14,650 for being older. Net adjustment: -$75,976.
Adjusted -$163,628 for 595 sqft less living space and -$14,650 for being older. Net adjustment: -$178,278.
Adjusted -$12,925 for 47 sqft less living space and +$26,370 for being newer. Net adjustment: +$13,445.
The Neighborhood
This home is valued 12.3% below the R552600D - Forest Creek Sec 23 median of $505,102. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
R552600D - Forest Creek Sec 23
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,967 across all districts. With a homestead exemption claimed, that drops to $6,635 — saving $1,332 per year. That's $553 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% | $3,955 |
| Round Rock | City | 0.3720% | $1,647 |
| Williamson County | County | 0.3694% | $1,636 |
| Austin Community College | special | 0.1034% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $7,967 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,035 would pay approximately $2,541 per month (principal and interest only, excluding taxes and insurance).