3020 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $443,157 and $719,822, with a best estimate of $540,860. 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
$540,860
$471,400
Based on 5 comparable properties(1 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 $443,157 and $719,822 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$39,895 for 184 sqft less living space and -$13,195 for being older. Net adjustment: -$53,090.
Adjusted +$36,643 for 169 sqft more living space and +$19,793 for being newer. Net adjustment: +$56,436.
Adjusted +$27,753 for 128 sqft more living space and +$26,390 for being newer. Net adjustment: +$54,143.
Adjusted -$6,938 for 32 sqft less living space and +$59,378 for being newer. Net adjustment: +$52,440.
Adjusted -$27,103 for 125 sqft less living space and +$46,183 for being newer. Net adjustment: +$19,080.
The Neighborhood
This home is valued 1.9% 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 +1.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,186 across all districts. With a homestead exemption claimed, that drops to $7,849 — saving $1,337 per year. That's $654 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% | $4,210 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,987 |
| Williamson County | County | 0.3694% | $1,742 |
| Austin Community College | special | 0.1034% | $487 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $471 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,186 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $540,860 would pay approximately $3,376 per month (principal and interest only, excluding taxes and insurance).