1505 NORMEADOWS CIR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $123,933 and $268,337, with a best estimate of $214,439. 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
$214,439
$219,532
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 $123,933 and $268,337. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$2,739 for 12 sqft less living space. Net adjustment: -$2,739.
Adjusted -$18,490 for 81 sqft less living space and -$4,023 for being older. Net adjustment: -$22,513.
Adjusted -$23,740 for 104 sqft less living space and -$8,046 for being older. Net adjustment: -$31,786.
Adjusted -$6,163 for 27 sqft less living space. Net adjustment: -$6,163.
Adjusted -$169,374 for 742 sqft less living space and +$2,011 for being newer. Net adjustment: -$167,363.
The Neighborhood
This home is valued 24.4% 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
below averageThis home is -24.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,950 across all districts. With a homestead exemption claimed, that drops to $2,659 — saving $1,291 per year. That's $222 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% | $1,961 |
| Round Rock | City | 0.3720% | $817 |
| Williamson County | County | 0.3694% | $811 |
| Austin Community College | special | 0.1034% | $227 |
| Williamson County FM/Rd | County | 0.0443% | $97 |
| Upper Brushy Creek WCID | Water | 0.0170% | $37 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $3,950 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $214,439 would pay approximately $1,339 per month (principal and interest only, excluding taxes and insurance).