3548 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $355,232 and $399,815, with a best estimate of $386,038. That places the property below the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$386,038
$354,370
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $355,232 and $399,815 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,603 for 18 sqft more living space. Net adjustment: +$3,603.
Adjusted -$60,644 for 303 sqft less living space and +$5,275 for being newer. Net adjustment: -$55,369.
Adjusted -$183,935 for 919 sqft less living space and +$3,692 for being newer. Net adjustment: -$180,243.
Adjusted -$9,407 for 47 sqft less living space and +$1,582 for being newer. Net adjustment: -$7,825.
Adjusted -$20,615 for 103 sqft less living space and +$2,110 for being newer. Net adjustment: -$18,505.
The Neighborhood
This home is valued 8.6% below the R493607C - PALOMA LAKE SEC 18 median of $387,915. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,906 across all districts. With a homestead exemption claimed, that drops to $5,590 — saving $1,316 per year. That's $466 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% | $3,165 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,494 |
| Williamson County | County | 0.3694% | $1,309 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $354 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $6,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,038 would pay approximately $2,410 per month (principal and interest only, excluding taxes and insurance).