1500 MEADOWS DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $247,205 and $272,240, with a best estimate of $250,895. That places the property below 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
$250,895
$228,112
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R123492H - Sam Bass/Hermitage/Somerset R3. The estimated range of $247,205 and $272,240 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$34,240 for 150 sqft less living space. Net adjustment: -$34,240.
Adjusted -$16,664 for 73 sqft less living space and -$2,011 for being older. Net adjustment: -$18,675.
Adjusted -$19,631 for 86 sqft less living space and +$4,023 for being newer. Net adjustment: -$15,608.
Adjusted +$38,349 for 168 sqft more living space. Net adjustment: +$38,349.
Adjusted +$14,609 for 64 sqft more living space and -$34,194 for being older. Net adjustment: -$19,585.
The Neighborhood
This home is valued 21.5% 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
below averageThis home is -21.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,104 across all districts. With a homestead exemption claimed, that drops to $2,812 — saving $1,292 per year. That's $234 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% | $2,037 |
| Round Rock | City | 0.3720% | $849 |
| Williamson County | County | 0.3694% | $843 |
| Austin Community College | special | 0.1034% | $236 |
| Williamson County FM/Rd | County | 0.0443% | $101 |
| Upper Brushy Creek WCID | Water | 0.0170% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,104 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $250,895 would pay approximately $1,566 per month (principal and interest only, excluding taxes and insurance).