3021 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $988,945 and $1,078,766, with a best estimate of $1,039,858. That places the property below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,039,858
$1,047,644
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $988,945 and $1,078,766. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$83,439 for 202 sqft less living space and +$5,246 for being newer. Net adjustment: -$78,193.
Adjusted -$152,835 for 370 sqft less living space. Net adjustment: -$152,835.
Adjusted -$58,242 for 141 sqft less living space and +$15,737 for being newer. Net adjustment: -$42,505.
Adjusted -$117,311 for 284 sqft less living space. Net adjustment: -$117,311.
Adjusted -$217,273 for 526 sqft less living space and +$20,983 for being newer. Net adjustment: -$196,290.
The Neighborhood
This home is valued 10.6% below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is -10.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,762 across all districts. With a homestead exemption claimed, that drops to $17,319 — saving $1,443 per year. That's $1,443 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% | $9,313 |
| Round Rock | City | 0.3720% | $3,879 |
| Williamson County | County | 0.3694% | $3,852 |
| Austin Community College | special | 0.1034% | $1,078 |
| Williamson County FM/Rd | County | 0.0443% | $462 |
| Upper Brushy Creek WCID | Water | 0.0170% | $177 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $18,762 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,039,858 would pay approximately $6,491 per month (principal and interest only, excluding taxes and insurance).