1502 MEADOWS DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $202,588 and $268,887, with a best estimate of $223,641. 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
$223,641
$223,508
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R123492H - Sam Bass/Hermitage/Somerset R3. The estimated range of $202,588 and $268,887 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$25,794 for 113 sqft less living space and -$4,023 for being older. Net adjustment: -$29,817.
Adjusted -$43,827 for 192 sqft less living space and -$10,057 for being older. Net adjustment: -$53,884.
Adjusted -$56,839 for 249 sqft less living space and -$10,057 for being older. Net adjustment: -$66,896.
Adjusted -$53,415 for 234 sqft less living space and -$14,080 for being older. Net adjustment: -$67,495.
Adjusted -$64,600 for 283 sqft less living space and -$14,080 for being older. Net adjustment: -$78,680.
The Neighborhood
This home is valued 23.0% 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 -23.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,022 across all districts. With a homestead exemption claimed, that drops to $2,730 — saving $1,292 per year. That's $228 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% | $1,996 |
| Round Rock | City | 0.3720% | $831 |
| Williamson County | County | 0.3694% | $826 |
| Austin Community College | special | 0.1034% | $231 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Upper Brushy Creek WCID | Water | 0.0170% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,022 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $223,641 would pay approximately $1,396 per month (principal and interest only, excluding taxes and insurance).