1516 SHADY HILLSIDE PASS, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $422,040 and $520,705, with a best estimate of $485,201. That places the property below the R501598E - Forest Ridge, Small Lots median of $533,875, in a neighborhood that appreciated 4.6% over the past year.
Estimated Value Range
$485,201
$505,870
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R501598E - Forest Ridge, Small Lots, this home's estimated market value is between $422,040 and $520,705. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,360 for 200 sqft less living space and -$971 for being older. Net adjustment: -$66,331.
Adjusted +$47,713 for 146 sqft more living space and -$917 for being older. Net adjustment: +$46,796.
Adjusted -$127,453 for 390 sqft less living space and -$756 for being older. Net adjustment: -$128,209.
Adjusted -$91,178 for 279 sqft less living space and -$756 for being older. Net adjustment: -$91,934.
Adjusted -$101,308 for 310 sqft less living space and -$756 for being older. Net adjustment: -$102,064.
The Neighborhood
This home is valued 5.2% below the R501598E - Forest Ridge, Small Lots median of $533,875. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.6% over the past year.
R501598E - Forest Ridge, Small Lots
typicalThis home is -5.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,102 across all districts. With a homestead exemption claimed, that drops to $7,758 — saving $1,344 per year. That's $647 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% | $4,518 |
| Round Rock | City | 0.3720% | $1,882 |
| Williamson County | County | 0.3694% | $1,869 |
| Austin Community College | special | 0.1034% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $9,102 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $485,201 would pay approximately $3,029 per month (principal and interest only, excluding taxes and insurance).