3024 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $783,388 and $1,241,751, with a best estimate of $1,199,021. That places the property above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,199,021
$1,282,133
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $783,388 and $1,241,751. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$283,364 for 686 sqft less living space and -$15,737 for being older. Net adjustment: -$299,101.
Adjusted -$71,047 for 172 sqft less living space and -$20,983 for being older. Net adjustment: -$92,030.
Adjusted +$23,132 for 56 sqft more living space and -$5,246 for being older. Net adjustment: +$17,886.
Adjusted -$100,375 for 243 sqft less living space and -$5,246 for being older. Net adjustment: -$105,621.
Adjusted +$97,071 for 235 sqft more living space and -$10,491 for being older. Net adjustment: +$86,580.
The Neighborhood
This home is valued 9.4% above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is +9.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $23,069 across all districts. With a homestead exemption claimed, that drops to $21,582 — saving $1,487 per year. That's $1,799 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% | $11,451 |
| Round Rock | City | 0.3720% | $4,770 |
| Williamson County | County | 0.3694% | $4,737 |
| Austin Community College | special | 0.1034% | $1,326 |
| Williamson County FM/Rd | County | 0.0443% | $568 |
| Upper Brushy Creek WCID | Water | 0.0170% | $218 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $23,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,199,021 would pay approximately $7,484 per month (principal and interest only, excluding taxes and insurance).