117 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $350,122 and $450,655, with a best estimate of $366,228. That places the property below the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$366,228
$369,316
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $350,122 and $450,655. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$29,468 for 159 sqft more living space and +$13,737 for being newer. Net adjustment: +$43,205.
Adjusted -$8,711 for 47 sqft less living space and -$6,868 for being older. Net adjustment: -$15,579.
Adjusted +$12,973 for 70 sqft more living space and -$6,868 for being older. Net adjustment: +$6,105.
Adjusted -$32,433 for 175 sqft less living space and -$75,552 for being older. Net adjustment: -$107,985.
Adjusted +$25,391 for 137 sqft more living space and +$41,210 for being newer. Net adjustment: +$66,601.
The Neighborhood
This home is valued 7.8% below the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.0% over the past year.
R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B
typicalThis home is -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,640 across all districts. With a homestead exemption claimed, that drops to $4,322 — saving $1,318 per year. That's $360 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% | $3,298 |
| Williamson County | County | 0.3694% | $1,364 |
| Austin Community College | special | 0.1034% | $382 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $369 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $5,640 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $366,228 would pay approximately $2,286 per month (principal and interest only, excluding taxes and insurance).