3029 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,218,857 and $1,618,762, with a best estimate of $1,587,131. 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
$1,587,131
$1,203,816
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 $1,218,857 and $1,618,762. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$158,204 for 383 sqft more living space. Net adjustment: +$158,204.
Adjusted +$469,244 for 1,136 sqft more living space. Net adjustment: +$469,244.
Adjusted +$374,651 for 907 sqft more living space. Net adjustment: +$374,651.
Adjusted +$290,799 for 704 sqft more living space and +$5,246 for being newer. Net adjustment: +$296,045.
Adjusted +$194,967 for 472 sqft more living space and +$20,983 for being newer. Net adjustment: +$215,950.
The Neighborhood
This home is valued 2.8% 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 +2.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,660 across all districts. With a homestead exemption claimed, that drops to $20,187 — saving $1,473 per year. That's $1,682 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% | $10,751 |
| Round Rock | City | 0.3720% | $4,478 |
| Williamson County | County | 0.3694% | $4,447 |
| Austin Community College | special | 0.1034% | $1,245 |
| Williamson County FM/Rd | County | 0.0443% | $534 |
| Upper Brushy Creek WCID | Water | 0.0170% | $205 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $21,660 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,587,131 would pay approximately $9,907 per month (principal and interest only, excluding taxes and insurance).