1512 HOMESTEAD FARMS DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $415,451 and $549,121, with a best estimate of $497,723. That places the property above the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854, in a neighborhood that appreciated 10.5% over the past year.
Estimated Value Range
$497,723
$442,812
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R455522C - HOMESTEAD AT OLD SETTLERS PAR, this home's estimated market value is between $415,451 and $549,121. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$71,438 for 266 sqft less living space and +$19,145 for being newer. Net adjustment: -$52,293.
Adjusted -$35,182 for 131 sqft less living space. Net adjustment: -$35,182.
Adjusted -$4,834 for 18 sqft less living space and +$19,145 for being newer. Net adjustment: +$14,311.
Adjusted -$35,182 for 131 sqft less living space and +$28,717 for being newer. Net adjustment: -$6,465.
Adjusted -$49,416 for 184 sqft less living space. Net adjustment: -$49,416.
The Neighborhood
This home is valued 7.7% below the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 10.5% over the past year.
R455522C - HOMESTEAD AT OLD SETTLERS PAR
typicalThis home is -7.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,230 across all districts. With a homestead exemption claimed, that drops to $8,898 — saving $1,332 per year. That's $742 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% | $3,955 |
| Round Rock MUD #2 | MUD | 0.5110% | $2,263 |
| Round Rock | City | 0.3720% | $1,647 |
| Williamson County | County | 0.3694% | $1,636 |
| Austin Community College | special | 0.1034% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.3103% | $10,230 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,723 would pay approximately $3,107 per month (principal and interest only, excluding taxes and insurance).