3017 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $856,542 and $1,314,904, with a best estimate of $1,272,174. 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
$1,272,174
$1,269,559
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 $856,542 and $1,314,904. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$225,947 for 547 sqft less living space. Net adjustment: -$225,947.
Adjusted -$13,631 for 33 sqft less living space and -$5,246 for being older. Net adjustment: -$18,877.
Adjusted +$80,548 for 195 sqft more living space and +$10,491 for being newer. Net adjustment: +$91,039.
Adjusted -$42,959 for 104 sqft less living space and +$10,491 for being newer. Net adjustment: -$32,468.
Adjusted +$154,487 for 374 sqft more living space and +$5,246 for being newer. Net adjustment: +$159,733.
The Neighborhood
This home is valued 8.4% 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 +8.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,843 across all districts. With a homestead exemption claimed, that drops to $21,358 — saving $1,485 per year. That's $1,780 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% | $11,338 |
| Round Rock | City | 0.3720% | $4,723 |
| Williamson County | County | 0.3694% | $4,690 |
| Austin Community College | special | 0.1034% | $1,313 |
| Williamson County FM/Rd | County | 0.0443% | $563 |
| Upper Brushy Creek WCID | Water | 0.0170% | $216 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $22,843 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,272,174 would pay approximately $7,941 per month (principal and interest only, excluding taxes and insurance).