3625 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $202,620 and $355,374, with a best estimate of $318,964. 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
$318,964
$434,262
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $202,620 and $355,374. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$109,881 for 549 sqft less living space. Net adjustment: -$109,881.
Adjusted -$159,117 for 795 sqft less living space. Net adjustment: -$159,117.
Adjusted -$180,532 for 902 sqft less living space. Net adjustment: -$180,532.
Adjusted -$165,722 for 828 sqft less living space. Net adjustment: -$165,722.
Adjusted -$24,418 for 122 sqft less living space and -$8,440 for being older and +$60,193 for having a garage. Net adjustment: +$27,335.
The Neighborhood
This home is valued 11.9% 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 +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,462 across all districts. With a homestead exemption claimed, that drops to $7,132 — saving $1,330 per year. That's $594 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% | $3,878 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,830 |
| Williamson County | County | 0.3694% | $1,604 |
| Austin Community College | special | 0.1034% | $449 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $434 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $8,462 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,964 would pay approximately $1,991 per month (principal and interest only, excluding taxes and insurance).