116 SILK TREE LN, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $347,649 and $480,602, with a best estimate of $454,029. That places the property above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$454,029
$416,562
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B, this home's estimated market value is between $347,649 and $480,602. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$60,789 for 328 sqft less living space. Net adjustment: -$60,789.
Adjusted +$107,864 for 582 sqft more living space. Net adjustment: +$107,864.
Adjusted +$52,449 for 283 sqft more living space. Net adjustment: +$52,449.
Adjusted -$60,789 for 328 sqft less living space. Net adjustment: -$60,789.
Adjusted +$73,763 for 398 sqft more living space. Net adjustment: +$73,763.
The Neighborhood
This home is valued 4.0% above the R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B median of $400,408. With 270 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.0% over the past year.
R651598E - MORNINGSIDE MEADOWS SEC 1&7, K & B
typicalThis home is +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,362 across all districts. With a homestead exemption claimed, that drops to $5,034 — saving $1,328 per year. That's $420 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% | $3,720 |
| Williamson County | County | 0.3694% | $1,539 |
| Austin Community College | special | 0.1034% | $431 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $416 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $6,362 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,029 would pay approximately $2,834 per month (principal and interest only, excluding taxes and insurance).