3633 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $385,242 and $676,141, with a best estimate of $468,124. 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
$468,124
$474,512
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R493607C - PALOMA LAKE SEC 18. The estimated range of $385,242 and $676,141 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$15,211 for 76 sqft less living space and +$3,692 for being newer. Net adjustment: -$11,519.
Adjusted -$3,803 for 19 sqft less living space and +$527 for being newer. Net adjustment: -$3,276.
Adjusted -$6,405 for 32 sqft less living space and +$2,637 for being newer. Net adjustment: -$3,768.
Adjusted -$28,821 for 144 sqft less living space and +$4,220 for being newer. Net adjustment: -$24,601.
Adjusted -$40,630 for 203 sqft less living space and -$527 for being older. Net adjustment: -$41,157.
The Neighborhood
This home is valued 22.3% 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 +22.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,247 across all districts. With a homestead exemption claimed, that drops to $7,909 — saving $1,338 per year. That's $659 per month a buyer should budget. The assessed value increased +0.5% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,238 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,000 |
| Williamson County | County | 0.3694% | $1,753 |
| Austin Community College | special | 0.1034% | $491 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,247 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,124 would pay approximately $2,922 per month (principal and interest only, excluding taxes and insurance).