2938 MAGELLAN WAY, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $240,089 and $370,810, with a best estimate of $269,969. That places the property below 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
$269,969
$561,299
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $240,089 and $370,810 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$2,168 for 10 sqft less living space and -$6,598 for being older. Net adjustment: -$8,766.
Adjusted +$33,390 for 154 sqft more living space and -$72,573 for being older. Net adjustment: -$39,183.
Adjusted -$8,022 for 37 sqft less living space and -$72,573 for being older. Net adjustment: -$80,595.
Adjusted -$19,080 for 88 sqft less living space and -$65,975 for being older. Net adjustment: -$85,055.
Adjusted +$19,731 for 91 sqft more living space and -$65,975 for being older. Net adjustment: -$46,244.
The Neighborhood
This home is valued 21.3% 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 +21.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,938 across all districts. With a homestead exemption claimed, that drops to $9,584 — saving $1,354 per year. That's $799 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% | $5,013 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,366 |
| Williamson County | County | 0.3694% | $2,074 |
| Austin Community College | special | 0.1034% | $580 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $561 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Upper Brushy Creek WCID | Water | 0.0170% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,938 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $269,969 would pay approximately $1,685 per month (principal and interest only, excluding taxes and insurance).