2821 PENELOPE CT, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $425,056 and $666,679, with a best estimate of $602,518. 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
$602,518
$476,120
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 $425,056 and $666,679 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$28,821 for 144 sqft more living space and +$1,582 for being newer. Net adjustment: +$30,403.
Adjusted +$56,041 for 280 sqft more living space and +$527 for being newer. Net adjustment: +$56,568.
Adjusted +$48,436 for 242 sqft more living space and +$1,582 for being newer. Net adjustment: +$50,018.
Adjusted +$40,029 for 200 sqft more living space and -$3,692 for being older. Net adjustment: +$36,337.
Adjusted +$54,440 for 272 sqft more living space and -$2,637 for being older. Net adjustment: +$51,803.
The Neighborhood
This home is valued 22.7% 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
above averageThis home is +22.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,278 across all districts. With a homestead exemption claimed, that drops to $7,940 — saving $1,338 per year. That's $662 per month a buyer should budget. The assessed value increased +0.7% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,252 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,007 |
| Williamson County | County | 0.3694% | $1,759 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,278 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $602,518 would pay approximately $3,761 per month (principal and interest only, excluding taxes and insurance).