Mortgage Calculator for Round Rock, TX

Round Rock, TX Housing Market Overview

As of 2026, the median home price in Round Rock, TX is approximately $430,000. The area has experienced robust growth over the past several years, with prices increasing by around 4% to 6% annually since 2022. Home values tend to vary considerably by neighborhood, with established areas near downtown Round Rock and master-planned communities such as Teravista commanding higher prices. Newer developments on the city’s northern and eastern edges offer more affordable options, appealing to first-time buyers as well as those relocating from Austin. Inventory remains moderately tight, reflecting continued demand from families and professionals drawn to the region’s schools and employment opportunities.

Property Taxes in Round Rock, TX

Property taxes in Round Rock are determined by overlapping jurisdictions, primarily Williamson County and the City of Round Rock. The effective property tax rate typically ranges from 2.1% to 2.6% of assessed value, which is above the Texas statewide average of approximately 1.7% as of 2026. For a median-priced home, this results in an annual tax bill of roughly $9,200 to $11,200.

• Homestead exemption: Homeowners may qualify for a standard exemption of $40,000 on their primary residence, with additional exemptions for seniors, disabled homeowners, and veterans.
• School district taxes: Most properties are within the Round Rock ISD, which has its own tax rate included in the overall bill.

We assist clients in understanding their likely property tax obligations and how exemptions can reduce their annual costs.

Homeowners Insurance in Round Rock, TX

Homeowners insurance premiums in Round Rock typically average between $1,400 and $2,200 per year for a standard single-family home as of 2026. Premiums are influenced by several regional risks:

• Severe weather: Hail, high winds, and occasional tornado risk increase the cost of wind and hail coverage.
• Flood zones: While most of Round Rock is not in a designated floodplain, certain areas near Brushy Creek and Lake Creek may require separate flood insurance.
• Wildfire risk: Though less common than in western Travis County, some outlying neighborhoods may be subject to brush fire considerations.

We recommend reviewing local hazard maps and consulting with insurance professionals to ensure adequate coverage for your property.

Buying Costs in Round Rock, TX

When purchasing a home in Round Rock, buyers can expect closing costs to total approximately 2% to 4% of the purchase price. These costs typically include:

• Lender origination fees
• Title insurance (required in Texas, with rates set by the state)
• Survey and appraisal fees
• Recording and escrow fees
• Prepaid taxes and insurance

The City of Round Rock does not charge a municipal transfer tax or additional city-specific real estate fees, which helps keep transaction costs more predictable for buyers.

Round Rock Neighborhoods and Market

Neighborhood	Typical Price Range (2026)	Market Characteristics
Teravista	$480,000 – $650,000	Golf course, newer homes, master-planned amenities
Forest Creek	$500,000 – $750,000	Established, larger lots, golf community
Brushy Creek	$420,000 – $550,000	Family-friendly, parks, strong schools
Downtown Round Rock	$400,000 – $520,000	Historic homes, walkability, dining and retail
Paloma Lake	$440,000 – $600,000	Lake amenities, new construction, community events
University Village	$350,000 – $480,000	Affordable, proximity to higher education, starter homes

Living and Working in Round Rock

Round Rock offers a vibrant local economy anchored by major employers such as Dell Technologies, Emerson Process Management, the Round Rock Independent School District, and Baylor Scott & White Medical Center. The city’s close proximity to Austin broadens employment opportunities, particularly in technology, healthcare, and education.

The cost of living in Round Rock is generally lower than in Austin, with housing costs approximately 20% less than the Austin city average as of 2026. Compared to the overall Texas average, Round Rock’s cost of living is slightly above average, primarily due to higher property values and taxes, but still remains below many other major metro areas nationally.

Residents enjoy a high quality of life, with access to top-rated schools, extensive parks and trails, and a growing retail and dining scene.

First-Time Buyer Programs in Round Rock, TX

First-time home buyers in Round Rock have access to a variety of down payment and closing cost assistance programs, including several that are specific to the area:

• Williamson County Down Payment Assistance: Eligible buyers may qualify for grants or deferred loans to cover part of the down payment and closing costs. Income and purchase price limits apply.
• City of Round Rock Homebuyer Assistance Program: As of 2026, the city periodically offers targeted down payment assistance for first-time buyers purchasing within certain neighborhoods or through select partnerships.
• Texas State Affordable Housing Corporation (TSAHC): Statewide programs are available to Round Rock buyers, including down payment assistance and mortgage credit certificates.
• Homes for Texas Heroes: Educators, healthcare workers, and first responders may qualify for additional benefits through state and local programs.

We help clients navigate these programs and determine eligibility to maximize savings when purchasing their first home in Round Rock.

About Capfi Lending NMLS# 1692019

With 22 years of mortgage experience, we specialize in helping homebuyers navigate the mortgage process with confidence. Licensed in TX. Whether you’re buying your first home or refinancing, we’re here to help you find the right loan for your situation.

📞 (512) 593-1336   ✉ info@capfilending.com   🌐 https://capfilending.com/

Frequently Asked Questions

What is the average home price in Round Rock, TX?

Home prices in Round Rock, TX vary by neighborhood and property type. Use our mortgage calculator above to estimate payments based on current median prices in the area.

What are property tax rates in Round Rock, TX?

Property tax rates in Round Rock, TX depend on the county and local municipality. See the property tax section above for current effective rates and county-by-county breakdowns.

How much do I need for a down payment in Round Rock, TX?

Most conventional loans require 3-20% down. FHA loans require as little as 3.5% down. VA and USDA loans may offer 0% down payment options for eligible buyers in Round Rock, TX.

Are there first-time homebuyer programs in Round Rock, TX?

Yes – Texas offers down payment assistance and low-interest mortgage programs through its state housing finance authority. See the First-Time Buyer Programs section above for details.

What are typical closing costs in Round Rock, TX?

Closing costs in Round Rock, TX typically range from 2% to 5% of the purchase price, covering lender fees, title insurance, appraisal, and any applicable state or local transfer taxes.