3004 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,145,478 and $1,193,297, with a best estimate of $1,150,568. 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
$1,150,568
$1,218,352
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 $1,145,478 and $1,193,297. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$124,746 for 302 sqft less living space and -$15,737 for being older. Net adjustment: -$140,483.
Adjusted -$30,567 for 74 sqft less living space. Net adjustment: -$30,567.
Adjusted -$154,074 for 373 sqft less living space. Net adjustment: -$154,074.
Adjusted +$43,372 for 105 sqft more living space and -$5,246 for being older. Net adjustment: +$38,126.
Adjusted -$111,115 for 269 sqft less living space and -$10,491 for being older. Net adjustment: -$121,606.
The Neighborhood
This home is valued 4.0% 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 +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,922 across all districts. With a homestead exemption claimed, that drops to $20,446 — saving $1,476 per year. That's $1,704 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% | $10,881 |
| Round Rock | City | 0.3720% | $4,532 |
| Williamson County | County | 0.3694% | $4,501 |
| Austin Community College | special | 0.1034% | $1,260 |
| Williamson County FM/Rd | County | 0.0443% | $540 |
| Upper Brushy Creek WCID | Water | 0.0170% | $207 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $21,922 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,150,568 would pay approximately $7,182 per month (principal and interest only, excluding taxes and insurance).