1520 HOMESTEAD FARMS DR, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $396,671 and $640,595, with a best estimate of $506,085. That places the property above the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854, in a neighborhood that appreciated 10.5% over the past year.
Estimated Value Range
$506,085
$444,183
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R455522C - HOMESTEAD AT OLD SETTLERS PAR, this home's estimated market value is between $396,671 and $640,595. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,501 for 229 sqft less living space and -$9,572 for being older. Net adjustment: -$71,073.
Adjusted +$118,437 for 441 sqft more living space and -$9,572 for being older. Net adjustment: +$108,865.
Adjusted +$110,917 for 413 sqft more living space and -$28,717 for being older. Net adjustment: +$82,200.
Adjusted -$25,245 for 94 sqft less living space and -$28,717 for being older. Net adjustment: -$53,962.
Adjusted +$5,103 for 19 sqft more living space and -$9,572 for being older. Net adjustment: -$4,469.
The Neighborhood
This home is valued 7.4% below the R455522C - HOMESTEAD AT OLD SETTLERS PAR median of $479,854. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 10.5% over the past year.
R455522C - HOMESTEAD AT OLD SETTLERS PAR
typicalThis home is -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,262 across all districts. With a homestead exemption claimed, that drops to $8,929 — saving $1,333 per year. That's $744 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% | $3,967 |
| Round Rock MUD #2 | MUD | 0.5110% | $2,270 |
| Round Rock | City | 0.3720% | $1,652 |
| Williamson County | County | 0.3694% | $1,641 |
| Austin Community College | special | 0.1034% | $459 |
| Williamson County FM/Rd | County | 0.0443% | $197 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.3103% | $10,262 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,085 would pay approximately $3,159 per month (principal and interest only, excluding taxes and insurance).