1517 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $190,956 and $357,596, with a best estimate of $223,509. 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
$223,509
$318,609
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 $190,956 and $357,596. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,294 for 67 sqft more living space. Net adjustment: +$15,294.
Adjusted -$67,111 for 294 sqft less living space and +$2,011 for being newer. Net adjustment: -$65,100.
Adjusted +$8,674 for 38 sqft more living space and -$4,023 for being older. Net adjustment: +$4,651.
Adjusted -$88,111 for 386 sqft less living space. Net adjustment: -$88,111.
Adjusted -$53,415 for 234 sqft less living space and -$4,023 for being older. Net adjustment: -$57,438.
The Neighborhood
This home is valued 9.7% above the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. With 648 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,733 across all districts. With a homestead exemption claimed, that drops to $4,423 — saving $1,310 per year. That's $369 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% | $2,845 |
| Round Rock | City | 0.3720% | $1,185 |
| Williamson County | County | 0.3694% | $1,177 |
| Austin Community College | special | 0.1034% | $329 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,733 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $223,509 would pay approximately $1,395 per month (principal and interest only, excluding taxes and insurance).