120 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $344,017 and $521,334, with a best estimate of $386,688. That places the property below 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
$386,688
$353,811
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B. The estimated range of $344,017 and $521,334 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$16,495 for 89 sqft more living space and +$20,605 for being newer. Net adjustment: +$37,100.
Adjusted -$21,684 for 117 sqft less living space. Net adjustment: -$21,684.
Adjusted +$12,417 for 67 sqft more living space and +$48,079 for being newer. Net adjustment: +$60,496.
Adjusted -$45,407 for 245 sqft less living space and -$68,684 for being older. Net adjustment: -$114,091.
Adjusted +$17,051 for 92 sqft more living space and +$130,500 for being newer. Net adjustment: +$147,551.
The Neighborhood
This home is valued 11.6% 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 -11.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,403 across all districts. With a homestead exemption claimed, that drops to $4,088 — saving $1,315 per year. That's $341 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% | $3,160 |
| Williamson County | County | 0.3694% | $1,307 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $5,403 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,688 would pay approximately $2,414 per month (principal and interest only, excluding taxes and insurance).