3713 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $321,208 and $354,494, with a best estimate of $328,953. 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
$328,953
$392,416
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R493607C - PALOMA LAKE SEC 18. The estimated range of $321,208 and $354,494 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$20,415 for 102 sqft less living space and -$8,440 for being older. Net adjustment: -$28,855.
Adjusted +$23,017 for 115 sqft more living space and -$8,967 for being older. Net adjustment: +$14,050.
Adjusted +$29,822 for 149 sqft more living space and -$8,440 for being older. Net adjustment: +$21,382.
Adjusted -$27,820 for 139 sqft less living space and -$8,967 for being older. Net adjustment: -$36,787.
Adjusted -$27,820 for 139 sqft less living space and -$8,967 for being older. Net adjustment: -$36,787.
The Neighborhood
This home is valued 1.2% above the R493607C - PALOMA LAKE SEC 18 median of $387,915. With 295 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is +1.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,647 across all districts. With a homestead exemption claimed, that drops to $6,324 — saving $1,323 per year. That's $527 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% | $3,505 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,654 |
| Williamson County | County | 0.3694% | $1,450 |
| Austin Community College | special | 0.1034% | $406 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $392 |
| Williamson County FM/Rd | County | 0.0443% | $174 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,647 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,953 would pay approximately $2,053 per month (principal and interest only, excluding taxes and insurance).