2950 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $488,516 and $768,483, with a best estimate of $520,061. That places the property above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814, in a neighborhood that declined 4.4% over the past year.
Estimated Value Range
$520,061
$594,043
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $488,516 and $768,483 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$42,063 for 194 sqft more living space and +$6,598 for being newer. Net adjustment: +$48,661.
Adjusted +$2,168 for 10 sqft more living space and -$6,598 for being older. Net adjustment: -$4,430.
Adjusted +$14,961 for 69 sqft more living space and +$52,780 for being newer. Net adjustment: +$67,741.
Adjusted -$56,373 for 260 sqft less living space and +$52,780 for being newer. Net adjustment: -$3,593.
Adjusted +$69,816 for 322 sqft more living space and +$32,988 for being newer. Net adjustment: +$102,804.
The Neighborhood
This home is valued 28.4% above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814. With 292 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.4% over the past year.
R492607C - Paloma Lake - Sec 17A & 17B
above averageThis home is +28.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,576 across all districts. With a homestead exemption claimed, that drops to $10,216 — saving $1,360 per year. That's $851 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% | $5,305 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,504 |
| Williamson County | County | 0.3694% | $2,195 |
| Austin Community College | special | 0.1034% | $614 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $594 |
| Williamson County FM/Rd | County | 0.0443% | $263 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $11,576 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,061 would pay approximately $3,246 per month (principal and interest only, excluding taxes and insurance).