1519 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $229,120 and $395,760, with a best estimate of $261,673. 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
$261,673
$285,017
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 $229,120 and $395,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$55,469 for 243 sqft more living space and -$2,011 for being older. Net adjustment: +$53,458.
Adjusted -$26,936 for 118 sqft less living space. Net adjustment: -$26,936.
Adjusted +$48,849 for 214 sqft more living space and -$6,034 for being older. Net adjustment: +$42,815.
Adjusted -$47,936 for 210 sqft less living space and -$2,011 for being older. Net adjustment: -$49,947.
Adjusted -$13,240 for 58 sqft less living space and -$6,034 for being older. Net adjustment: -$19,274.
The Neighborhood
This home is valued 1.9% 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 -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,128 across all districts. With a homestead exemption claimed, that drops to $3,825 — saving $1,303 per year. That's $319 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% | $2,545 |
| Round Rock | City | 0.3720% | $1,060 |
| Williamson County | County | 0.3694% | $1,053 |
| Austin Community College | special | 0.1034% | $295 |
| Williamson County FM/Rd | County | 0.0443% | $126 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,128 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $261,673 would pay approximately $1,633 per month (principal and interest only, excluding taxes and insurance).