1500 NORMEADOWS CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $203,648 and $262,402, with a best estimate of $223,913. 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
$223,913
$216,331
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R123492H - Sam Bass/Hermitage/Somerset R3, this home's estimated market value is between $203,648 and $262,402. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,674 for 38 sqft less living space. Net adjustment: -$8,674.
Adjusted -$24,425 for 107 sqft less living space and -$4,023 for being older. Net adjustment: -$28,448.
Adjusted -$29,675 for 130 sqft less living space and -$8,046 for being older. Net adjustment: -$37,721.
Adjusted -$12,098 for 53 sqft less living space. Net adjustment: -$12,098.
Adjusted -$3,652 for 16 sqft less living space. Net adjustment: -$3,652.
The Neighborhood
This home is valued 25.5% below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
below averageThis home is -25.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,892 across all districts. With a homestead exemption claimed, that drops to $2,602 — saving $1,290 per year. That's $217 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% | $1,932 |
| Round Rock | City | 0.3720% | $805 |
| Williamson County | County | 0.3694% | $799 |
| Austin Community College | special | 0.1034% | $224 |
| Williamson County FM/Rd | County | 0.0443% | $96 |
| Upper Brushy Creek WCID | Water | 0.0170% | $37 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $3,892 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $223,913 would pay approximately $1,398 per month (principal and interest only, excluding taxes and insurance).