1521 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $169,286 and $320,660, with a best estimate of $290,926. That places the property above 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
$290,926
$258,007
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 $169,286 and $320,660. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$19,631 for 86 sqft less living space and -$2,011 for being older. Net adjustment: -$21,642.
Adjusted -$102,036 for 447 sqft less living space. Net adjustment: -$102,036.
Adjusted +$51,360 for 225 sqft more living space and -$6,034 for being older. Net adjustment: +$45,326.
Adjusted -$26,251 for 115 sqft less living space and -$6,034 for being older. Net adjustment: -$32,285.
Adjusted -$88,339 for 387 sqft less living space and -$6,034 for being older. Net adjustment: -$94,373.
The Neighborhood
This home is valued 11.2% below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is -11.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,642 across all districts. With a homestead exemption claimed, that drops to $3,344 — saving $1,298 per year. That's $279 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% | $2,304 |
| Round Rock | City | 0.3720% | $960 |
| Williamson County | County | 0.3694% | $953 |
| Austin Community College | special | 0.1034% | $267 |
| Williamson County FM/Rd | County | 0.0443% | $114 |
| Upper Brushy Creek WCID | Water | 0.0170% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,642 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $290,926 would pay approximately $1,816 per month (principal and interest only, excluding taxes and insurance).