116 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $477,817 and $578,349, with a best estimate of $521,716. That places the property above 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
$521,716
$422,367
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $477,817 and $578,349. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$35,213 for 190 sqft more living space and +$20,605 for being newer. Net adjustment: +$55,818.
Adjusted +$118,984 for 642 sqft more living space and -$6,868 for being older. Net adjustment: +$112,116.
Adjusted +$140,668 for 759 sqft more living space and -$6,868 for being older. Net adjustment: +$133,800.
Adjusted +$157,162 for 848 sqft more living space and +$13,737 for being newer. Net adjustment: +$170,899.
Adjusted +$65,793 for 355 sqft more living space and +$34,342 for being newer. Net adjustment: +$100,135.
The Neighborhood
This home is valued 5.5% above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408. With 270 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.0% over the past year.
R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B
typicalThis home is +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,450 across all districts. With a homestead exemption claimed, that drops to $5,122 — saving $1,328 per year. That's $427 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% | $3,772 |
| Williamson County | County | 0.3694% | $1,560 |
| Austin Community College | special | 0.1034% | $437 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $422 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $6,450 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $521,716 would pay approximately $3,257 per month (principal and interest only, excluding taxes and insurance).