124 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $407,586 and $508,119, with a best estimate of $451,487. That places the property above 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
$451,487
$395,567
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 $407,586 and $508,119. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$41,885 for 226 sqft less living space and +$27,474 for being newer. Net adjustment: -$14,411.
Adjusted +$80,064 for 432 sqft more living space and +$20,605 for being newer. Net adjustment: +$100,669.
Adjusted +$41,885 for 226 sqft more living space. Net adjustment: +$41,885.
Adjusted +$63,569 for 343 sqft more living space. Net adjustment: +$63,569.
Adjusted -$11,305 for 61 sqft less living space and +$41,210 for being newer. Net adjustment: +$29,905.
The Neighborhood
This home is valued 1.2% 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 -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,041 across all districts. With a homestead exemption claimed, that drops to $4,718 — saving $1,323 per year. That's $393 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% | $3,533 |
| Williamson County | County | 0.3694% | $1,461 |
| Austin Community College | special | 0.1034% | $409 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $395 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $6,041 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $451,487 would pay approximately $2,818 per month (principal and interest only, excluding taxes and insurance).