1507 MERRELL CV, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $290,201 and $307,358, with a best estimate of $298,708. That places the property below the R475498G - Jester Farms, All Sections median of $318,340, in a neighborhood that declined 5.4% over the past year.
Estimated Value Range
$298,708
$301,283
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $290,201 and $307,358. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$46,286 for 225 sqft less living space. Net adjustment: -$46,286.
Adjusted -$33,943 for 165 sqft less living space. Net adjustment: -$33,943.
Adjusted -$20,160 for 98 sqft less living space and -$494 for being older. Net adjustment: -$20,654.
Adjusted +$18,514 for 90 sqft more living space. Net adjustment: +$18,514.
Adjusted -$54,926 for 267 sqft less living space. Net adjustment: -$54,926.
The Neighborhood
This home is valued 5.4% below the R475498G - Jester Farms, All Sections median of $318,340. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.4% over the past year.
R475498G - Jester Farms, All Sections
typicalThis home is -5.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,421 across all districts. With a homestead exemption claimed, that drops to $4,115 — saving $1,306 per year. That's $343 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% | $2,691 |
| Round Rock | City | 0.3720% | $1,121 |
| Williamson County | County | 0.3694% | $1,113 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,421 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $298,708 would pay approximately $1,865 per month (principal and interest only, excluding taxes and insurance).