1506 LAKE FOREST CV, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $478,328 and $700,303, with a best estimate of $694,569. That places the property below the R565601C - LAKE FOREST SOUTH ALL median of $717,955, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$694,569
$659,643
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R565601C - LAKE FOREST SOUTH ALL, this home's estimated market value is between $478,328 and $700,303. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$109,919 for 343 sqft less living space and +$8,075 for being newer. Net adjustment: -$101,844.
Adjusted -$7,691 for 24 sqft less living space and -$8,075 for being older. Net adjustment: -$15,766.
Adjusted +$9,293 for 29 sqft more living space and -$8,075 for being older. Net adjustment: +$1,218.
Adjusted -$52,236 for 163 sqft less living space and -$24,226 for being older. Net adjustment: -$76,462.
Adjusted -$172,730 for 539 sqft less living space and +$8,075 for being newer. Net adjustment: -$164,655.
The Neighborhood
This home is valued 8.1% below the R565601C - LAKE FOREST SOUTH ALL median of $717,955. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
R565601C - LAKE FOREST SOUTH ALL
typicalThis home is -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,869 across all districts. With a homestead exemption claimed, that drops to $10,497 — saving $1,372 per year. That's $875 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% | $5,891 |
| Round Rock | City | 0.3720% | $2,454 |
| Williamson County | County | 0.3694% | $2,437 |
| Austin Community College | special | 0.1034% | $682 |
| Williamson County FM/Rd | County | 0.0443% | $292 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $11,869 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $694,569 would pay approximately $4,335 per month (principal and interest only, excluding taxes and insurance).