3012 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $554,975 and $639,963, with a best estimate of $589,654. 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
$589,654
$490,338
Based on 5 comparable properties(2 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 $554,975 and $639,963 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$122,070 for 563 sqft more living space and -$6,598 for being older. Net adjustment: +$115,472.
Adjusted +$80,007 for 369 sqft more living space and +$26,390 for being newer. Net adjustment: +$106,397.
Adjusted +$161,965 for 747 sqft more living space and +$6,598 for being newer. Net adjustment: +$168,563.
Adjusted +$123,805 for 571 sqft more living space and +$26,390 for being newer. Net adjustment: +$150,195.
Adjusted +$159,146 for 734 sqft more living space and +$32,988 for being newer. Net adjustment: +$192,134.
The Neighborhood
This home is valued 5.9% 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 +5.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,555 across all districts. With a homestead exemption claimed, that drops to $8,214 — saving $1,341 per year. That's $685 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% | $4,379 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,067 |
| Williamson County | County | 0.3694% | $1,812 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $490 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,555 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $589,654 would pay approximately $3,681 per month (principal and interest only, excluding taxes and insurance).