1515 LAUREL OAK LOOP, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $325,228 and $694,305, with a best estimate of $606,707. That places the property above the R501598E - Forest Ridge, Small Lots median of $533,875, in a neighborhood that appreciated 4.6% over the past year.
Estimated Value Range
$606,707
$465,508
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R501598E - Forest Ridge, Small Lots, this home's estimated market value is between $325,228 and $694,305. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,916 for 217 sqft more living space and -$54 for being older. Net adjustment: +$70,862.
Adjusted -$177,126 for 542 sqft less living space and -$162 for being older. Net adjustment: -$177,288.
Adjusted +$118,956 for 364 sqft more living space and -$162 for being older. Net adjustment: +$118,794.
Adjusted +$46,079 for 141 sqft more living space and -$54 for being older. Net adjustment: +$46,025.
Adjusted -$57,844 for 177 sqft less living space and -$54 for being older. Net adjustment: -$57,898.
The Neighborhood
This home is valued 12.8% below the R501598E - Forest Ridge, Small Lots median of $533,875. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.6% over the past year.
R501598E - Forest Ridge, Small Lots
typicalThis home is -12.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,376 across all districts. With a homestead exemption claimed, that drops to $7,039 — saving $1,337 per year. That's $587 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% | $4,157 |
| Round Rock | City | 0.3720% | $1,732 |
| Williamson County | County | 0.3694% | $1,720 |
| Austin Community College | special | 0.1034% | $481 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,376 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $606,707 would pay approximately $3,787 per month (principal and interest only, excluding taxes and insurance).