1516 LAUREL OAK LOOP, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $378,876 and $803,033, with a best estimate of $520,772. That places the property below the R501598E - Forest Ridge, Small Lots median of $533,875, in a neighborhood that appreciated 4.6% over the past year.
Estimated Value Range
$520,772
$492,419
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 $378,876 and $803,033. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$48,040 for 147 sqft less living space and +$324 for being newer. Net adjustment: -$47,716.
Adjusted +$258,173 for 790 sqft more living space and +$54 for being newer. Net adjustment: +$258,227.
Adjusted +$263,729 for 807 sqft more living space. Net adjustment: +$263,729.
Adjusted +$13,399 for 41 sqft more living space. Net adjustment: +$13,399.
Adjusted -$46,733 for 143 sqft less living space and +$378 for being newer. Net adjustment: -$46,355.
The Neighborhood
This home is valued 7.8% below the R501598E - Forest Ridge, Small Lots median of $533,875. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.6% over the past year.
R501598E - Forest Ridge, Small Lots
typicalThis home is -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,860 across all districts. With a homestead exemption claimed, that drops to $7,519 — saving $1,341 per year. That's $627 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% | $4,398 |
| Round Rock | City | 0.3720% | $1,832 |
| Williamson County | County | 0.3694% | $1,819 |
| Austin Community College | special | 0.1034% | $509 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $8,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,772 would pay approximately $3,251 per month (principal and interest only, excluding taxes and insurance).