1513 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $274,687 and $441,328, with a best estimate of $307,241. That places the property above 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
$307,241
$271,874
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 $274,687 and $441,328. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$97,014 for 425 sqft more living space and +$2,011 for being newer. Net adjustment: +$99,025.
Adjusted +$14,609 for 64 sqft more living space and +$4,023 for being newer. Net adjustment: +$18,632.
Adjusted +$90,394 for 396 sqft more living space and -$2,011 for being older. Net adjustment: +$88,383.
Adjusted -$6,391 for 28 sqft less living space and +$2,011 for being newer. Net adjustment: -$4,380.
Adjusted +$28,305 for 124 sqft more living space and -$2,011 for being older. Net adjustment: +$26,294.
The Neighborhood
This home is valued 6.4% below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is -6.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,892 across all districts. With a homestead exemption claimed, that drops to $3,591 — saving $1,301 per year. That's $299 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% | $2,428 |
| Round Rock | City | 0.3720% | $1,011 |
| Williamson County | County | 0.3694% | $1,004 |
| Austin Community College | special | 0.1034% | $281 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,892 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $307,241 would pay approximately $1,918 per month (principal and interest only, excluding taxes and insurance).