1404 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $243,333 and $283,379, with a best estimate of $247,616. 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
$247,616
$268,427
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 $243,333 and $283,379. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,044 for 44 sqft less living space and -$2,011 for being older. Net adjustment: -$12,055.
Adjusted -$45,425 for 199 sqft less living space and -$4,023 for being older. Net adjustment: -$49,448.
Adjusted -$36,751 for 161 sqft less living space and +$4,023 for being newer. Net adjustment: -$32,728.
Adjusted -$18,261 for 80 sqft less living space and -$4,023 for being older. Net adjustment: -$22,284.
Adjusted -$37,436 for 164 sqft less living space and -$4,023 for being older. Net adjustment: -$41,459.
The Neighborhood
This home is valued 7.6% 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 -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,830 across all districts. With a homestead exemption claimed, that drops to $3,530 — saving $1,300 per year. That's $294 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% | $2,397 |
| Round Rock | City | 0.3720% | $999 |
| Williamson County | County | 0.3694% | $992 |
| Austin Community College | special | 0.1034% | $278 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,830 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $247,616 would pay approximately $1,546 per month (principal and interest only, excluding taxes and insurance).