1307 TERRA ST, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $354,726 and $383,951, with a best estimate of $370,693. That places the property above the R408498G - Laurel Ridge, All Sections median of $332,695, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$370,693
$352,441
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R408498G - Laurel Ridge, All Sections, this home's estimated market value is between $354,726 and $383,951. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$56,719 for 295 sqft more living space and -$20,423 for being older. Net adjustment: +$36,296.
Adjusted -$3,269 for 17 sqft less living space. Net adjustment: -$3,269.
Adjusted +$49,413 for 257 sqft more living space. Net adjustment: +$49,413.
Adjusted -$8,268 for 43 sqft less living space and +$10,211 for being newer. Net adjustment: +$1,943.
Adjusted +$4,614 for 24 sqft more living space and -$10,211 for being older. Net adjustment: -$5,597.
The Neighborhood
This home is valued 5.9% above the R408498G - Laurel Ridge, All Sections median of $332,695. With 250 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
R408498G - Laurel Ridge, All Sections
typicalThis home is +5.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,341 across all districts. With a homestead exemption claimed, that drops to $5,026 — saving $1,315 per year. That's $419 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% | $3,148 |
| Round Rock | City | 0.3720% | $1,311 |
| Williamson County | County | 0.3694% | $1,302 |
| Austin Community College | special | 0.1034% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,341 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,693 would pay approximately $2,314 per month (principal and interest only, excluding taxes and insurance).