1502 SOMERSET DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $256,499 and $389,010, with a best estimate of $277,552. 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
$277,552
$292,065
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R123492H - Sam Bass/Hermitage/Somerset R3. The estimated range of $256,499 and $389,010 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$14,153 for 62 sqft less living space and -$4,023 for being older. Net adjustment: -$18,176.
Adjusted -$2,054 for 9 sqft less living space and +$26,149 for being newer. Net adjustment: +$24,095.
Adjusted -$20,088 for 88 sqft less living space and +$20,114 for being newer. Net adjustment: +$26.
Adjusted -$29,675 for 130 sqft less living space and +$16,091 for being newer. Net adjustment: -$13,584.
Adjusted -$33,099 for 145 sqft less living space and +$20,114 for being newer. Net adjustment: -$12,985.
The Neighborhood
This home is in line with the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,255 across all districts. With a homestead exemption claimed, that drops to $3,951 — saving $1,304 per year. That's $329 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% | $2,608 |
| Round Rock | City | 0.3720% | $1,086 |
| Williamson County | County | 0.3694% | $1,079 |
| Austin Community College | special | 0.1034% | $302 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,255 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,552 would pay approximately $1,732 per month (principal and interest only, excluding taxes and insurance).