1500 SOMERSET DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $247,697 and $404,136, with a best estimate of $270,510. 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
$270,510
$266,790
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $247,697 and $404,136. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,609 for 64 sqft less living space and +$34,194 for being newer. Net adjustment: +$19,585.
Adjusted +$68,937 for 302 sqft more living space and -$2,011 for being older. Net adjustment: +$66,926.
Adjusted +$23,740 for 104 sqft more living space and +$34,194 for being newer. Net adjustment: +$57,934.
Adjusted +$30,360 for 133 sqft more living space and +$32,183 for being newer. Net adjustment: +$62,543.
Adjusted -$31,273 for 137 sqft less living space and +$32,183 for being newer. Net adjustment: +$910.
The Neighborhood
This home is valued 8.1% 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
typicalThis home is -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,800 across all districts. With a homestead exemption claimed, that drops to $3,501 — saving $1,299 per year. That's $292 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% | $2,383 |
| Round Rock | City | 0.3720% | $992 |
| Williamson County | County | 0.3694% | $986 |
| Austin Community College | special | 0.1034% | $276 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Upper Brushy Creek WCID | Water | 0.0170% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,800 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $270,510 would pay approximately $1,689 per month (principal and interest only, excluding taxes and insurance).