1187 SOUTHERN PLACE, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $270,551 and $468,807, with a best estimate of $409,262. That places the property above the R573498F - Forest Bluff Sec C & D median of $375,981, in a neighborhood that declined 6.0% over the past year.
Estimated Value Range
$409,262
$311,758
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R573498F - Forest Bluff Sec C & D. The estimated range of $270,551 and $468,807 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$78,847 for 254 sqft less living space and -$20,920 for being older. Net adjustment: -$99,767.
Adjusted -$12,727 for 41 sqft less living space and -$26,150 for being older. Net adjustment: -$38,877.
Adjusted +$38,182 for 123 sqft more living space and -$31,380 for being older. Net adjustment: +$6,802.
Adjusted -$45,011 for 145 sqft less living space and -$52,300 for being older. Net adjustment: -$97,311.
Adjusted -$85,055 for 274 sqft less living space and -$41,840 for being older. Net adjustment: -$126,895.
The Neighborhood
This home is valued 17.1% below the R573498F - Forest Bluff Sec C & D median of $375,981. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.0% over the past year.
R573498F - Forest Bluff Sec C & D
below averageThis home is -17.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,609 across all districts. With a homestead exemption claimed, that drops to $4,301 — saving $1,308 per year. That's $358 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% | $2,784 |
| Round Rock | City | 0.3720% | $1,160 |
| Williamson County | County | 0.3694% | $1,152 |
| Austin Community College | special | 0.1034% | $322 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,609 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,262 would pay approximately $2,555 per month (principal and interest only, excluding taxes and insurance).