3016 MIDWOOD LN, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $907,771 and $1,364,622, with a best estimate of $1,355,192. That places the property above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$1,355,192
$1,291,086
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R217609C - ARBOR PLACE - 4000 SQ FT AND UP, this home's estimated market value is between $907,771 and $1,364,622. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$132,594 for 321 sqft less living space and -$5,246 for being older. Net adjustment: -$137,840.
Adjusted +$79,722 for 193 sqft more living space and -$10,491 for being older. Net adjustment: +$69,231.
Adjusted +$173,901 for 421 sqft more living space and +$5,246 for being newer. Net adjustment: +$179,147.
Adjusted +$50,394 for 122 sqft more living space and +$5,246 for being newer. Net adjustment: +$55,640.
Adjusted -$290,799 for 704 sqft less living space and -$5,246 for being older. Net adjustment: -$296,045.
The Neighborhood
This home is valued 10.2% above the R217609C - ARBOR PLACE - 4000 SQ FT AND UP median of $1,171,441. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
R217609C - ARBOR PLACE - 4000 SQ FT AND UP
typicalThis home is +10.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $23,230 across all districts. With a homestead exemption claimed, that drops to $21,741 — saving $1,489 per year. That's $1,812 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% | $11,531 |
| Round Rock | City | 0.3720% | $4,803 |
| Williamson County | County | 0.3694% | $4,770 |
| Austin Community College | special | 0.1034% | $1,335 |
| Williamson County FM/Rd | County | 0.0443% | $572 |
| Upper Brushy Creek WCID | Water | 0.0170% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $23,230 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,355,192 would pay approximately $8,459 per month (principal and interest only, excluding taxes and insurance).