3005 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,165,429 and $1,213,249, with a best estimate of $1,170,519. 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
$1,170,519
$1,213,820
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 $1,165,429 and $1,213,249. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$99,549 for 241 sqft less living space and -$20,983 for being older. Net adjustment: -$120,532.
Adjusted -$5,370 for 13 sqft less living space and -$5,246 for being older. Net adjustment: -$10,616.
Adjusted -$128,877 for 312 sqft less living space and -$5,246 for being older. Net adjustment: -$134,123.
Adjusted +$68,569 for 166 sqft more living space and -$10,491 for being older. Net adjustment: +$58,078.
Adjusted -$85,918 for 208 sqft less living space and -$15,737 for being older. Net adjustment: -$101,655.
The Neighborhood
This home is valued 3.6% above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,840 across all districts. With a homestead exemption claimed, that drops to $20,365 — saving $1,475 per year. That's $1,697 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% | $10,841 |
| Round Rock | City | 0.3720% | $4,515 |
| Williamson County | County | 0.3694% | $4,484 |
| Austin Community College | special | 0.1034% | $1,255 |
| Williamson County FM/Rd | County | 0.0443% | $538 |
| Upper Brushy Creek WCID | Water | 0.0170% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $21,840 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,170,519 would pay approximately $7,306 per month (principal and interest only, excluding taxes and insurance).