1603 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $167,915 and $304,737, with a best estimate of $275,003. That places the property below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$275,003
$288,179
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R123492H - Sam Bass/Hermitage/Somerset R3, this home's estimated market value is between $167,915 and $304,737. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,599 for 191 sqft less living space and +$6,034 for being newer. Net adjustment: -$37,565.
Adjusted +$27,392 for 120 sqft more living space and +$2,011 for being newer. Net adjustment: +$29,403.
Adjusted -$50,219 for 220 sqft less living space and +$2,011 for being newer. Net adjustment: -$48,208.
Adjusted -$63,915 for 280 sqft less living space and +$4,023 for being newer. Net adjustment: -$59,892.
Adjusted -$94,046 for 412 sqft less living space and +$4,023 for being newer. Net adjustment: -$90,023.
The Neighborhood
This home is in line with the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is -0.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,185 across all districts. With a homestead exemption claimed, that drops to $3,882 — saving $1,303 per year. That's $324 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% | $2,574 |
| Round Rock | City | 0.3720% | $1,072 |
| Williamson County | County | 0.3694% | $1,065 |
| Austin Community College | special | 0.1034% | $298 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,185 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,003 would pay approximately $1,717 per month (principal and interest only, excluding taxes and insurance).