1188 SOUTHERN PLACE, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $67,799 and $366,062, with a best estimate of $207,443. That places the property below the R573498F - Forest Bluff Sec C & D median of $375,981, in a neighborhood that declined 6.0% over the past year.
Estimated Value Range
$207,443
$340,495
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R573498F - Forest Bluff Sec C & D. The estimated range of $67,799 and $366,062 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$42,838 for 138 sqft less living space and -$15,690 for being older. Net adjustment: -$58,528.
Adjusted +$48,426 for 156 sqft more living space and -$15,690 for being older. Net adjustment: +$32,736.
Adjusted -$286,829 for 924 sqft less living space and -$15,690 for being older. Net adjustment: -$302,519.
Adjusted -$169,801 for 547 sqft less living space and -$26,150 for being older. Net adjustment: -$195,951.
Adjusted -$91,264 for 294 sqft less living space and -$109,829 for being older. Net adjustment: -$201,093.
The Neighborhood
This home is valued 9.4% below the R573498F - Forest Bluff Sec C & D median of $375,981. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.0% over the past year.
R573498F - Forest Bluff Sec C & D
typicalThis home is -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,126 across all districts. With a homestead exemption claimed, that drops to $4,813 — saving $1,313 per year. That's $401 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% | $3,041 |
| Round Rock | City | 0.3720% | $1,267 |
| Williamson County | County | 0.3694% | $1,258 |
| Austin Community College | special | 0.1034% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,126 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $207,443 would pay approximately $1,295 per month (principal and interest only, excluding taxes and insurance).