1518 MERRELL CV, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $306,687 and $340,704, with a best estimate of $327,195. That places the property above the R475498G - Jester Farms, All Sections median of $318,340, in a neighborhood that declined 5.4% over the past year.
Estimated Value Range
$327,195
$341,401
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R475498G - Jester Farms, All Sections. The estimated range of $306,687 and $340,704 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$5,349 for 26 sqft less living space and +$494 for being newer. Net adjustment: -$4,855.
Adjusted +$14,811 for 72 sqft more living space and +$494 for being newer. Net adjustment: +$15,305.
Adjusted -$11,520 for 56 sqft less living space and +$494 for being newer. Net adjustment: -$11,026.
Adjusted +$20,983 for 102 sqft more living space and +$494 for being newer. Net adjustment: +$21,477.
Adjusted +$7,200 for 35 sqft more living space. Net adjustment: +$7,200.
The Neighborhood
This home is valued 7.2% above the R475498G - Jester Farms, All Sections median of $318,340. With 489 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.4% over the past year.
R475498G - Jester Farms, All Sections
typicalThis home is +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,143 across all districts. With a homestead exemption claimed, that drops to $4,829 — saving $1,314 per year. That's $402 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% | $3,049 |
| Round Rock | City | 0.3720% | $1,270 |
| Williamson County | County | 0.3694% | $1,261 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,143 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $327,195 would pay approximately $2,042 per month (principal and interest only, excluding taxes and insurance).