3032 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $459,145 and $793,314, with a best estimate of $563,460. That places the property below the R491607C - PALOMA LAKE DREES /TAYLOR median of $579,346, in a neighborhood that declined 5.0% over the past year.
Estimated Value Range
$563,460
$600,157
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R491607C - PALOMA LAKE DREES /TAYLOR. The estimated range of $459,145 and $793,314 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,966 for 17 sqft more living space and -$16,221 for being older. Net adjustment: -$12,255.
Adjusted +$49,922 for 214 sqft more living space and +$2,703 for being newer. Net adjustment: +$52,625.
Adjusted -$73,951 for 317 sqft less living space and -$8,110 for being older. Net adjustment: -$82,061.
Adjusted +$43,391 for 186 sqft more living space and -$8,110 for being older. Net adjustment: +$35,281.
Adjusted +$33,826 for 145 sqft more living space and -$5,407 for being older. Net adjustment: +$28,419.
The Neighborhood
This home is valued 3.6% above the R491607C - PALOMA LAKE DREES /TAYLOR median of $579,346. With 431 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.0% over the past year.
R491607C - PALOMA LAKE DREES /TAYLOR
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,695 across all districts. With a homestead exemption claimed, that drops to $10,334 — saving $1,361 per year. That's $861 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% | $5,360 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,530 |
| Williamson County | County | 0.3694% | $2,217 |
| Austin Community College | special | 0.1034% | $621 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $600 |
| Williamson County FM/Rd | County | 0.0443% | $266 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $11,695 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $563,460 would pay approximately $3,517 per month (principal and interest only, excluding taxes and insurance).