140 HOMESTEAD DR, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $365,516 and $466,048, with a best estimate of $381,621. That places the property below the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$381,621
$405,494
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $365,516 and $466,048. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$37,993 for 205 sqft more living space and +$20,605 for being newer. Net adjustment: +$58,598.
Adjusted -$185 for 1 sqft less living space. Net adjustment: -$185.
Adjusted +$21,499 for 116 sqft more living space. Net adjustment: +$21,499.
Adjusted -$23,908 for 129 sqft less living space and -$68,684 for being older. Net adjustment: -$92,592.
Adjusted +$33,916 for 183 sqft more living space and +$48,079 for being newer. Net adjustment: +$81,995.
The Neighborhood
This home is valued 1.3% above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408. With 270 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.0% over the past year.
R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,193 across all districts. With a homestead exemption claimed, that drops to $4,867 — saving $1,326 per year. That's $406 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% | $3,621 |
| Williamson County | County | 0.3694% | $1,498 |
| Austin Community College | special | 0.1034% | $419 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $405 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $6,193 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,621 would pay approximately $2,382 per month (principal and interest only, excluding taxes and insurance).