1406 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $212,969 and $379,609, with a best estimate of $245,523. 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
$245,523
$295,833
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 $212,969 and $379,609. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,273 for 137 sqft more living space and +$6,034 for being newer. Net adjustment: +$37,307.
Adjusted -$51,132 for 224 sqft less living space and +$8,046 for being newer. Net adjustment: -$43,086.
Adjusted +$24,653 for 108 sqft more living space and +$2,011 for being newer. Net adjustment: +$26,664.
Adjusted -$72,132 for 316 sqft less living space and +$6,034 for being newer. Net adjustment: -$66,098.
Adjusted -$37,436 for 164 sqft less living space and +$2,011 for being newer. Net adjustment: -$35,425.
The Neighborhood
This home is valued 1.9% above the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. With 648 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +1.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,323 across all districts. With a homestead exemption claimed, that drops to $4,018 — saving $1,305 per year. That's $335 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% | $2,642 |
| Round Rock | City | 0.3720% | $1,100 |
| Williamson County | County | 0.3694% | $1,093 |
| Austin Community College | special | 0.1034% | $306 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,323 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $245,523 would pay approximately $1,533 per month (principal and interest only, excluding taxes and insurance).