3008 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $875,419 and $1,333,780, with a best estimate of $1,291,051. 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
$1,291,051
$1,285,961
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 $875,419 and $1,333,780. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$212,316 for 514 sqft less living space and +$5,246 for being newer. Net adjustment: -$207,070.
Adjusted +$94,179 for 228 sqft more living space and +$15,737 for being newer. Net adjustment: +$109,916.
Adjusted -$29,328 for 71 sqft less living space and +$15,737 for being newer. Net adjustment: -$13,591.
Adjusted +$168,118 for 407 sqft more living space and +$10,491 for being newer. Net adjustment: +$178,609.
Adjusted +$13,631 for 33 sqft more living space and +$5,246 for being newer. Net adjustment: +$18,877.
The Neighborhood
This home is valued 9.8% above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is +9.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $23,138 across all districts. With a homestead exemption claimed, that drops to $21,650 — saving $1,488 per year. That's $1,804 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% | $11,485 |
| Round Rock | City | 0.3720% | $4,784 |
| Williamson County | County | 0.3694% | $4,751 |
| Austin Community College | special | 0.1034% | $1,330 |
| Williamson County FM/Rd | County | 0.0443% | $570 |
| Upper Brushy Creek WCID | Water | 0.0170% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $23,138 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,291,051 would pay approximately $8,059 per month (principal and interest only, excluding taxes and insurance).