1518 HOMEWOOD CIR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $474,753 and $733,434, with a best estimate of $506,156. That places the property above the R530506E - SONOMA ALL SECTIONS median of $451,534, in a neighborhood that declined 7.0% over the past year.
Estimated Value Range
$506,156
$480,021
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 $474,753 and $733,434. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$97,545 for 364 sqft more living space and +$16,296 for being newer. Net adjustment: +$113,841.
Adjusted +$148,462 for 554 sqft more living space and +$10,864 for being newer. Net adjustment: +$159,326.
Adjusted +$262,890 for 981 sqft more living space and +$16,296 for being newer. Net adjustment: +$279,186.
Adjusted +$86,022 for 321 sqft more living space and -$70,618 for being older. Net adjustment: +$15,404.
Adjusted +$70,211 for 262 sqft more living space and -$81,482 for being older. Net adjustment: -$11,271.
The Neighborhood
This home is valued 6.3% above the R530506E - SONOMA ALL SECTIONS median of $451,534. With 1,029 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.0% over the past year.
R530506E - SONOMA ALL SECTIONS
typicalThis home is +6.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,637 across all districts. With a homestead exemption claimed, that drops to $7,298 — saving $1,339 per year. That's $608 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% | $4,287 |
| Round Rock | City | 0.3720% | $1,786 |
| Williamson County | County | 0.3694% | $1,773 |
| Austin Community College | special | 0.1034% | $496 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,156 would pay approximately $3,159 per month (principal and interest only, excluding taxes and insurance).