1403 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $186,305 and $332,999, with a best estimate of $218,858. 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
$218,858
$352,945
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 $186,305 and $332,999. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,620 for 29 sqft more living space and +$4,023 for being newer. Net adjustment: +$10,643.
Adjusted -$75,785 for 332 sqft less living space and +$6,034 for being newer. Net adjustment: -$69,751.
Adjusted +$77,611 for 340 sqft more living space. Net adjustment: +$77,611.
Adjusted -$96,785 for 424 sqft less living space and +$4,023 for being newer. Net adjustment: -$92,762.
Adjusted -$62,089 for 272 sqft less living space. Net adjustment: -$62,089.
The Neighborhood
This home is valued 21.5% above the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. With 648 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
above averageThis home is +21.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,350 across all districts. With a homestead exemption claimed, that drops to $5,035 — saving $1,315 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% | $3,152 |
| Round Rock | City | 0.3720% | $1,313 |
| Williamson County | County | 0.3694% | $1,304 |
| Austin Community College | special | 0.1034% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,350 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $218,858 would pay approximately $1,366 per month (principal and interest only, excluding taxes and insurance).