1501 NORMEADOWS CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $199,540 and $258,293, with a best estimate of $219,804. That places the property below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$219,804
$236,694
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R123492H - Sam Bass/Hermitage/Somerset R3, this home's estimated market value is between $199,540 and $258,293. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$12,783 for 56 sqft less living space. Net adjustment: -$12,783.
Adjusted -$28,533 for 125 sqft less living space and -$4,023 for being older. Net adjustment: -$32,556.
Adjusted -$33,784 for 148 sqft less living space and -$8,046 for being older. Net adjustment: -$41,830.
Adjusted -$16,207 for 71 sqft less living space. Net adjustment: -$16,207.
Adjusted -$7,761 for 34 sqft less living space. Net adjustment: -$7,761.
The Neighborhood
This home is valued 18.5% below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
below averageThis home is -18.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,259 across all districts. With a homestead exemption claimed, that drops to $2,965 — saving $1,294 per year. That's $247 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% | $2,114 |
| Round Rock | City | 0.3720% | $881 |
| Williamson County | County | 0.3694% | $874 |
| Austin Community College | special | 0.1034% | $245 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Upper Brushy Creek WCID | Water | 0.0170% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,259 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $219,804 would pay approximately $1,372 per month (principal and interest only, excluding taxes and insurance).