3537 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $391,921 and $450,252, with a best estimate of $427,761. That places the property above the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$427,761
$383,434
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 $391,921 and $450,252 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$54,040 for 270 sqft more living space. Net adjustment: +$54,040.
Adjusted -$10,207 for 51 sqft less living space and +$5,275 for being newer. Net adjustment: -$4,932.
Adjusted -$133,498 for 667 sqft less living space and +$3,692 for being newer. Net adjustment: -$129,806.
Adjusted -$68,250 for 341 sqft less living space and +$5,802 for being newer. Net adjustment: -$62,448.
Adjusted +$801 for 4 sqft more living space and +$2,110 for being newer. Net adjustment: +$2,911.
The Neighborhood
This home is valued 1.2% 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 -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,472 across all districts. With a homestead exemption claimed, that drops to $6,151 — saving $1,321 per year. That's $513 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% | $3,424 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,616 |
| Williamson County | County | 0.3694% | $1,417 |
| Austin Community College | special | 0.1034% | $396 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $383 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,472 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $427,761 would pay approximately $2,670 per month (principal and interest only, excluding taxes and insurance).