1506 SOMERSET DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $85,243 and $217,755, with a best estimate of $106,296. 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
$106,296
$324,640
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R123492H - Sam Bass/Hermitage/Somerset R3. The estimated range of $85,243 and $217,755 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$6,391 for 28 sqft less living space and -$183,040 for being older. Net adjustment: -$189,431.
Adjusted +$5,707 for 25 sqft more living space and -$152,868 for being older. Net adjustment: -$147,161.
Adjusted -$12,326 for 54 sqft less living space and -$158,903 for being older. Net adjustment: -$171,229.
Adjusted -$21,914 for 96 sqft less living space and -$162,926 for being older. Net adjustment: -$184,840.
Adjusted -$25,338 for 111 sqft less living space and -$158,903 for being older. Net adjustment: -$184,241.
The Neighborhood
This home is valued 11.8% above the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. With 648 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +11.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,841 across all districts. With a homestead exemption claimed, that drops to $4,531 — saving $1,310 per year. That's $378 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% | $2,899 |
| Round Rock | City | 0.3720% | $1,208 |
| Williamson County | County | 0.3694% | $1,199 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,841 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $106,296 would pay approximately $663 per month (principal and interest only, excluding taxes and insurance).