3602 PENWOOD CV, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $857,591 and $1,136,128, with a best estimate of $1,000,008. That places the property above the R549699C - Forest Creek Sec 14,20,21,26-30,33,34 median of $910,927, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$1,000,008
$947,083
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R549699C - Forest Creek Sec 14,20,21,26-30,33,34, this home's estimated market value is between $857,591 and $1,136,128. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$179,473 for 513 sqft more living space and -$2,925 for being older. Net adjustment: +$176,548.
Adjusted -$324,661 for 928 sqft less living space and -$4,387 for being older. Net adjustment: -$329,048.
Adjusted +$106,354 for 304 sqft more living space and -$2,925 for being older. Net adjustment: +$103,429.
Adjusted +$106,704 for 305 sqft more living space and -$2,925 for being older. Net adjustment: +$103,779.
Adjusted -$118,599 for 339 sqft less living space and -$2,925 for being older. Net adjustment: -$121,524.
The Neighborhood
This home is valued 4.0% above the R549699C - Forest Creek Sec 14,20,21,26-30,33,34 median of $910,927. With 271 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
R549699C - Forest Creek Sec 14,20,21,26-30,33,34
typicalThis home is +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,041 across all districts. With a homestead exemption claimed, that drops to $15,615 — saving $1,426 per year. That's $1,301 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% | $8,458 |
| Round Rock | City | 0.3720% | $3,523 |
| Williamson County | County | 0.3694% | $3,499 |
| Austin Community College | special | 0.1034% | $979 |
| Williamson County FM/Rd | County | 0.0443% | $420 |
| Upper Brushy Creek WCID | Water | 0.0170% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $17,041 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,000,008 would pay approximately $6,242 per month (principal and interest only, excluding taxes and insurance).