1508 HOMESTEAD FARMS DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $421,916 and $665,840, with a best estimate of $531,330. That places the property above the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854, in a neighborhood that appreciated 10.5% over the past year.
Estimated Value Range
$531,330
$555,586
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R455522C - HOMESTEAD AT OLD SETTLERS PAR, this home's estimated market value is between $421,916 and $665,840. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,256 for 135 sqft less living space and -$9,572 for being older. Net adjustment: -$45,828.
Adjusted +$143,682 for 535 sqft more living space and -$9,572 for being older. Net adjustment: +$134,110.
Adjusted +$136,162 for 507 sqft more living space and -$28,717 for being older. Net adjustment: +$107,445.
Adjusted -$28,717 for being older. Net adjustment: -$28,717.
Adjusted +$30,348 for 113 sqft more living space and -$9,572 for being older. Net adjustment: +$20,776.
The Neighborhood
This home is valued 15.8% above the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854. With 339 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 10.5% over the past year.
R455522C - HOMESTEAD AT OLD SETTLERS PAR
above averageThis home is +15.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,836 across all districts. With a homestead exemption claimed, that drops to $11,483 — saving $1,353 per year. That's $957 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% | $4,962 |
| Round Rock MUD #2 | MUD | 0.5110% | $2,839 |
| Round Rock | City | 0.3720% | $2,067 |
| Williamson County | County | 0.3694% | $2,053 |
| Austin Community College | special | 0.1034% | $574 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.3103% | $12,836 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,330 would pay approximately $3,317 per month (principal and interest only, excluding taxes and insurance).