1508 HOMEWOOD CIR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $557,984 and $798,409, with a best estimate of $640,177. That places the property above the R530506E - SONOMA ALL SECTIONS median of $451,534, in a neighborhood that declined 7.0% over the past year.
Estimated Value Range
$640,177
$472,654
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $557,984 and $798,409. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$173,384 for 647 sqft more living space and +$5,432 for being newer. Net adjustment: +$178,816.
Adjusted +$224,301 for 837 sqft more living space. Net adjustment: +$224,301.
Adjusted -$68,871 for 257 sqft less living space and +$38,025 for being newer. Net adjustment: -$30,846.
Adjusted +$338,729 for 1,264 sqft more living space and +$5,432 for being newer. Net adjustment: +$344,161.
Adjusted +$161,861 for 604 sqft more living space and -$81,482 for being older. Net adjustment: +$80,379.
The Neighborhood
This home is valued 4.7% above the R530506E - SONOMA ALL SECTIONS median of $451,534. With 1,029 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.0% over the past year.
R530506E - SONOMA ALL SECTIONS
typicalThis home is +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,504 across all districts. With a homestead exemption claimed, that drops to $7,167 — saving $1,337 per year. That's $597 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% | $4,221 |
| Round Rock | City | 0.3720% | $1,758 |
| Williamson County | County | 0.3694% | $1,746 |
| Austin Community College | special | 0.1034% | $489 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,504 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $640,177 would pay approximately $3,996 per month (principal and interest only, excluding taxes and insurance).