1405 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $194,809 and $353,815, with a best estimate of $280,550. 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
$280,550
$362,485
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 $194,809 and $353,815. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,478 for 24 sqft more living space and +$6,034 for being newer. Net adjustment: +$11,512.
Adjusted -$1,141 for 5 sqft less living space and +$2,011 for being newer. Net adjustment: +$870.
Adjusted -$63,230 for 277 sqft less living space and +$2,011 for being newer. Net adjustment: -$61,219.
Adjusted -$14,837 for 65 sqft less living space and +$4,023 for being newer. Net adjustment: -$10,814.
Adjusted -$70,991 for 311 sqft less living space. Net adjustment: -$70,991.
The Neighborhood
This home is valued 24.8% 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 +24.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,522 across all districts. With a homestead exemption claimed, that drops to $5,205 — saving $1,317 per year. That's $434 per month a buyer should budget. The assessed value increased +0.9% vs the subdivision average of -7.8%. This above-average increase gives a protest opportunity score of 44 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $3,237 |
| Round Rock | City | 0.3720% | $1,348 |
| Williamson County | County | 0.3694% | $1,339 |
| Austin Community College | special | 0.1034% | $375 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $6,522 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $280,550 would pay approximately $1,751 per month (principal and interest only, excluding taxes and insurance).