1506 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $197,989 and $364,630, with a best estimate of $230,543. 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
$230,543
$291,364
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R123492H - Sam Bass/Hermitage/Somerset R3, this home's estimated market value is between $197,989 and $364,630. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$20,316 for 89 sqft more living space and +$2,011 for being newer. Net adjustment: +$22,327.
Adjusted -$62,089 for 272 sqft less living space and +$4,023 for being newer. Net adjustment: -$58,066.
Adjusted +$13,696 for 60 sqft more living space and -$2,011 for being older. Net adjustment: +$11,685.
Adjusted -$83,089 for 364 sqft less living space and +$2,011 for being newer. Net adjustment: -$81,078.
Adjusted -$48,393 for 212 sqft less living space and -$2,011 for being older. Net adjustment: -$50,404.
The Neighborhood
This home is in line with the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,242 across all districts. With a homestead exemption claimed, that drops to $3,938 — saving $1,304 per year. That's $328 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% | $2,602 |
| Round Rock | City | 0.3720% | $1,084 |
| Williamson County | County | 0.3694% | $1,076 |
| Austin Community College | special | 0.1034% | $301 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,242 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $230,543 would pay approximately $1,439 per month (principal and interest only, excluding taxes and insurance).