2723 LAKE FOREST DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $554,598 and $776,573, with a best estimate of $770,839. That places the property above the R565601C - LAKE FOREST SOUTH ALL median of $717,955, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$770,839
$908,704
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R565601C - LAKE FOREST SOUTH ALL, this home's estimated market value is between $554,598 and $776,573. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,649 for 105 sqft less living space and +$8,075 for being newer. Net adjustment: -$25,574.
Adjusted +$68,579 for 214 sqft more living space and -$8,075 for being older. Net adjustment: +$60,504.
Adjusted +$85,564 for 267 sqft more living space and -$8,075 for being older. Net adjustment: +$77,489.
Adjusted +$24,035 for 75 sqft more living space and -$24,226 for being older. Net adjustment: -$191.
Adjusted -$96,460 for 301 sqft less living space and +$8,075 for being newer. Net adjustment: -$88,385.
The Neighborhood
This home is valued 26.6% above the R565601C - LAKE FOREST SOUTH ALL median of $717,955. With 493 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
R565601C - LAKE FOREST SOUTH ALL
above averageThis home is +26.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,350 across all districts. With a homestead exemption claimed, that drops to $14,932 — saving $1,418 per year. That's $1,244 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% | $8,116 |
| Round Rock | City | 0.3720% | $3,380 |
| Williamson County | County | 0.3694% | $3,357 |
| Austin Community College | special | 0.1034% | $940 |
| Williamson County FM/Rd | County | 0.0443% | $403 |
| Upper Brushy Creek WCID | Water | 0.0170% | $154 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $16,350 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $770,839 would pay approximately $4,812 per month (principal and interest only, excluding taxes and insurance).