3513 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $353,230 and $396,145, with a best estimate of $375,322. 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
$375,322
$454,223
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 $353,230 and $396,145 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$1,601 for 8 sqft more living space. Net adjustment: +$1,601.
Adjusted -$62,646 for 313 sqft less living space and +$5,275 for being newer. Net adjustment: -$57,371.
Adjusted -$11,408 for 57 sqft less living space and +$1,582 for being newer. Net adjustment: -$9,826.
Adjusted -$120,689 for 603 sqft less living space and +$5,802 for being newer. Net adjustment: -$114,887.
Adjusted -$22,617 for 113 sqft less living space and +$2,110 for being newer. Net adjustment: -$20,507.
The Neighborhood
This home is valued 17.1% 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 +17.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,851 across all districts. With a homestead exemption claimed, that drops to $7,517 — saving $1,334 per year. That's $626 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% | $4,057 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,915 |
| Williamson County | County | 0.3694% | $1,678 |
| Austin Community College | special | 0.1034% | $470 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $8,851 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $375,322 would pay approximately $2,343 per month (principal and interest only, excluding taxes and insurance).