2901 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $443,709 and $801,894, with a best estimate of $550,957. That places the property above 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
$550,957
$500,139
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $443,709 and $801,894 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$47,484 for 219 sqft less living space and +$19,793 for being newer. Net adjustment: -$27,691.
Adjusted +$9,974 for 46 sqft more living space and +$39,585 for being newer. Net adjustment: +$49,559.
Adjusted -$10,841 for 50 sqft less living space and +$39,585 for being newer. Net adjustment: +$28,744.
Adjusted -$19,731 for 91 sqft less living space and +$46,183 for being newer. Net adjustment: +$26,452.
Adjusted -$4,770 for 22 sqft less living space and +$65,975 for being newer. Net adjustment: +$61,205.
The Neighborhood
This home is valued 8.1% 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
typicalThis home is +8.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,746 across all districts. With a homestead exemption claimed, that drops to $8,403 — saving $1,343 per year. That's $700 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% | $4,467 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,108 |
| Williamson County | County | 0.3694% | $1,848 |
| Austin Community College | special | 0.1034% | $517 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,746 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,957 would pay approximately $3,439 per month (principal and interest only, excluding taxes and insurance).