3001 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $1,045,612 and $1,581,234, with a best estimate of $1,495,506. That places the property above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,495,506
$1,082,489
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $1,045,612 and $1,581,234. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$212,316 for 514 sqft more living space and -$5,246 for being older. Net adjustment: +$207,070.
Adjusted +$182,988 for 443 sqft more living space and +$10,491 for being newer. Net adjustment: +$193,479.
Adjusted -$158,204 for 383 sqft less living space. Net adjustment: -$158,204.
Adjusted +$225,947 for 547 sqft more living space. Net adjustment: +$225,947.
Adjusted +$283,364 for 686 sqft more living space and +$15,737 for being newer. Net adjustment: +$299,101.
The Neighborhood
This home is valued 7.6% below the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $19,277 across all districts. With a homestead exemption claimed, that drops to $17,829 — saving $1,448 per year. That's $1,486 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% | $9,569 |
| Round Rock | City | 0.3720% | $3,986 |
| Williamson County | County | 0.3694% | $3,958 |
| Austin Community College | special | 0.1034% | $1,108 |
| Williamson County FM/Rd | County | 0.0443% | $475 |
| Upper Brushy Creek WCID | Water | 0.0170% | $182 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $19,277 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,495,506 would pay approximately $9,335 per month (principal and interest only, excluding taxes and insurance).