1502 NORMEADOWS CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $171,869 and $316,273, with a best estimate of $262,375. 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
$262,375
$251,746
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 $171,869 and $316,273. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,197 for 198 sqft more living space. Net adjustment: +$45,197.
Adjusted +$29,446 for 129 sqft more living space and -$4,023 for being older. Net adjustment: +$25,423.
Adjusted +$24,196 for 106 sqft more living space and -$8,046 for being older. Net adjustment: +$16,150.
Adjusted +$41,773 for 183 sqft more living space. Net adjustment: +$41,773.
Adjusted -$121,438 for 532 sqft less living space and +$2,011 for being newer. Net adjustment: -$119,427.
The Neighborhood
This home is valued 13.3% below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is -13.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,530 across all districts. With a homestead exemption claimed, that drops to $3,233 — saving $1,297 per year. That's $269 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% | $2,248 |
| Round Rock | City | 0.3720% | $936 |
| Williamson County | County | 0.3694% | $930 |
| Austin Community College | special | 0.1034% | $260 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Upper Brushy Creek WCID | Water | 0.0170% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $4,530 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,375 would pay approximately $1,638 per month (principal and interest only, excluding taxes and insurance).