1515 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $236,424 and $403,065, with a best estimate of $268,978. 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
$268,978
$269,963
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 $236,424 and $403,065. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$62,774 for 275 sqft more living space and -$2,011 for being older. Net adjustment: +$60,763.
Adjusted -$19,631 for 86 sqft less living space. Net adjustment: -$19,631.
Adjusted +$56,154 for 246 sqft more living space and -$6,034 for being older. Net adjustment: +$50,120.
Adjusted -$40,632 for 178 sqft less living space and -$2,011 for being older. Net adjustment: -$42,643.
Adjusted -$5,935 for 26 sqft less living space and -$6,034 for being older. Net adjustment: -$11,969.
The Neighborhood
This home is valued 7.0% 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
typicalThis home is -7.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,857 across all districts. With a homestead exemption claimed, that drops to $3,557 — saving $1,300 per year. That's $296 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% | $2,411 |
| Round Rock | City | 0.3720% | $1,004 |
| Williamson County | County | 0.3694% | $997 |
| Austin Community College | special | 0.1034% | $279 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,978 would pay approximately $1,679 per month (principal and interest only, excluding taxes and insurance).