1505 SOMERSET DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $264,333 and $330,632, with a best estimate of $285,386. 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
$285,386
$388,413
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R123492H - Sam Bass/Hermitage/Somerset R3. The estimated range of $264,333 and $330,632 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$11,185 for 49 sqft less living space and +$6,034 for being newer. Net adjustment: -$5,151.
Adjusted -$18,946 for 83 sqft less living space and +$2,011 for being newer. Net adjustment: -$16,935.
Adjusted +$19,859 for 87 sqft more living space and +$12,069 for being newer. Net adjustment: +$31,928.
Adjusted -$7,761 for 34 sqft less living space and +$2,011 for being newer. Net adjustment: -$5,750.
Adjusted +$1,826 for 8 sqft more living space and +$6,034 for being newer. Net adjustment: +$7,860.
The Neighborhood
This home is valued 33.7% 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
above averageThis home is +33.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,989 across all districts. With a homestead exemption claimed, that drops to $5,667 — saving $1,322 per year. That's $472 per month a buyer should budget. The assessed value increased -0.1% vs the subdivision average of -7.8%. This above-average increase gives a protest opportunity score of 39 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $3,469 |
| Round Rock | City | 0.3720% | $1,445 |
| Williamson County | County | 0.3694% | $1,435 |
| Austin Community College | special | 0.1034% | $402 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,989 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,386 would pay approximately $1,781 per month (principal and interest only, excluding taxes and insurance).