2820 PENELOPE CT, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $332,462 and $618,302, with a best estimate of $595,284. 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
$595,284
$353,768
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $332,462 and $618,302 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,002 for 15 sqft more living space. Net adjustment: +$3,002.
Adjusted -$36,026 for 180 sqft less living space. Net adjustment: -$36,026.
Adjusted +$36,827 for 184 sqft more living space and -$3,692 for being older. Net adjustment: +$33,135.
Adjusted -$10,408 for 52 sqft less living space and -$3,692 for being older. Net adjustment: -$14,100.
Adjusted -$33,024 for 165 sqft less living space and -$2,110 for being older. Net adjustment: -$35,134.
The Neighborhood
This home is valued 8.8% below the R493607C - PALOMA LAKE SEC 18 median of $387,915. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,894 across all districts. With a homestead exemption claimed, that drops to $5,578 — saving $1,316 per year. That's $465 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% | $3,160 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,491 |
| Williamson County | County | 0.3694% | $1,307 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $6,894 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $595,284 would pay approximately $3,716 per month (principal and interest only, excluding taxes and insurance).