1505 GLENMEADOWS DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $232,695 and $332,805, with a best estimate of $250,868. 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
$250,868
$227,394
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 $232,695 and $332,805. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$38,349 for 168 sqft more living space. Net adjustment: +$38,349.
Adjusted +$30,816 for 135 sqft more living space. Net adjustment: +$30,816.
Adjusted +$22,142 for 97 sqft more living space. Net adjustment: +$22,142.
Adjusted +$7,761 for 34 sqft more living space. Net adjustment: +$7,761.
Adjusted +$38,349 for 168 sqft more living space. Net adjustment: +$38,349.
The Neighborhood
This home is valued 21.7% 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
below averageThis home is -21.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,091 across all districts. With a homestead exemption claimed, that drops to $2,799 — saving $1,292 per year. That's $233 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% | $2,031 |
| Round Rock | City | 0.3720% | $846 |
| Williamson County | County | 0.3694% | $840 |
| Austin Community College | special | 0.1034% | $235 |
| Williamson County FM/Rd | County | 0.0443% | $101 |
| Upper Brushy Creek WCID | Water | 0.0170% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,091 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $250,868 would pay approximately $1,566 per month (principal and interest only, excluding taxes and insurance).