1505 LAUREL OAK LOOP, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $336,055 and $600,287, with a best estimate of $409,588. That places the property below the R501598E - Forest Ridge, Small Lots median of $533,875, in a neighborhood that appreciated 4.6% over the past year.
Estimated Value Range
$409,588
$461,437
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $336,055 and $600,287. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$23,203 for 71 sqft more living space and +$432 for being newer and -$60,193 for no garage. Net adjustment: -$36,558.
Adjusted -$78,759 for 241 sqft less living space and -$60,193 for no garage. Net adjustment: -$138,952.
Adjusted +$40,197 for 123 sqft more living space and -$60,193 for no garage. Net adjustment: -$19,996.
Adjusted -$94,446 for 289 sqft less living space and -$108 for being older and -$60,193 for no garage. Net adjustment: -$154,747.
Adjusted +$44,118 for 135 sqft more living space and +$162 for being newer and -$60,193 for no garage. Net adjustment: -$15,913.
The Neighborhood
This home is valued 13.6% below the R501598E - Forest Ridge, Small Lots median of $533,875. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.6% over the past year.
R501598E - Forest Ridge, Small Lots
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,303 across all districts. With a homestead exemption claimed, that drops to $6,967 — saving $1,336 per year. That's $581 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% | $4,121 |
| Round Rock | City | 0.3720% | $1,717 |
| Williamson County | County | 0.3694% | $1,705 |
| Austin Community College | special | 0.1034% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,303 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,588 would pay approximately $2,557 per month (principal and interest only, excluding taxes and insurance).