1501 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $161,352 and $312,727, with a best estimate of $282,992. 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
$282,992
$309,773
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 $161,352 and $312,727. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,610 for 156 sqft less living space and +$6,034 for being newer. Net adjustment: -$29,576.
Adjusted +$35,381 for 155 sqft more living space and +$2,011 for being newer. Net adjustment: +$37,392.
Adjusted -$42,229 for 185 sqft less living space and +$2,011 for being newer. Net adjustment: -$40,218.
Adjusted -$104,318 for 457 sqft less living space and +$2,011 for being newer. Net adjustment: -$102,307.
Adjusted -$55,925 for 245 sqft less living space and +$4,023 for being newer. Net adjustment: -$51,902.
The Neighborhood
This home is valued 6.7% above the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. With 648 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is +6.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,574 across all districts. With a homestead exemption claimed, that drops to $4,266 — saving $1,308 per year. That's $356 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% | $2,767 |
| Round Rock | City | 0.3720% | $1,152 |
| Williamson County | County | 0.3694% | $1,144 |
| Austin Community College | special | 0.1034% | $320 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,574 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,992 would pay approximately $1,766 per month (principal and interest only, excluding taxes and insurance).