1407 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $248,393 and $415,034, with a best estimate of $341,768. That places the property above 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
$341,768
$263,659
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 $248,393 and $415,034. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$68,708 for 301 sqft more living space and +$4,023 for being newer. Net adjustment: +$72,731.
Adjusted -$13,696 for 60 sqft less living space and +$6,034 for being newer. Net adjustment: -$7,662.
Adjusted +$62,089 for 272 sqft more living space. Net adjustment: +$62,089.
Adjusted -$34,697 for 152 sqft less living space and +$4,023 for being newer. Net adjustment: -$30,674.
Adjusted +$48,393 for 212 sqft more living space and +$2,011 for being newer. Net adjustment: +$50,404.
The Neighborhood
This home is valued 9.2% 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 -9.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,744 across all districts. With a homestead exemption claimed, that drops to $3,445 — saving $1,299 per year. That's $287 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% | $2,355 |
| Round Rock | City | 0.3720% | $981 |
| Williamson County | County | 0.3694% | $974 |
| Austin Community College | special | 0.1034% | $273 |
| Williamson County FM/Rd | County | 0.0443% | $117 |
| Upper Brushy Creek WCID | Water | 0.0170% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,744 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,768 would pay approximately $2,133 per month (principal and interest only, excluding taxes and insurance).