121 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $449,090 and $549,623, with a best estimate of $492,990. That places the property above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$492,990
$438,848
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $449,090 and $549,623. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,487 for 35 sqft more living space and +$20,605 for being newer. Net adjustment: +$27,092.
Adjusted +$128,436 for 693 sqft more living space and +$13,737 for being newer. Net adjustment: +$142,173.
Adjusted +$90,257 for 487 sqft more living space and -$6,868 for being older. Net adjustment: +$83,389.
Adjusted +$111,941 for 604 sqft more living space and -$6,868 for being older. Net adjustment: +$105,073.
Adjusted +$37,067 for 200 sqft more living space and +$34,342 for being newer. Net adjustment: +$71,409.
The Neighborhood
This home is valued 9.6% above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408. With 270 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.0% over the past year.
R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B
typicalThis home is +9.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,702 across all districts. With a homestead exemption claimed, that drops to $5,371 — saving $1,331 per year. That's $448 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% | $3,919 |
| Williamson County | County | 0.3694% | $1,621 |
| Austin Community College | special | 0.1034% | $454 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $438 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $6,702 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,990 would pay approximately $3,077 per month (principal and interest only, excluding taxes and insurance).