3602 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $325,205 and $448,908, with a best estimate of $334,313. 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
$334,313
$407,796
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 $325,205 and $448,908. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,027 for 185 sqft less living space. Net adjustment: -$37,027.
Adjusted -$51,438 for 257 sqft less living space and +$527 for being newer. Net adjustment: -$50,911.
Adjusted -$57,642 for 288 sqft less living space. Net adjustment: -$57,642.
Adjusted -$44,633 for 223 sqft less living space. Net adjustment: -$44,633.
Adjusted -$6,605 for 33 sqft less living space and +$6,330 for being newer. Net adjustment: -$275.
The Neighborhood
This home is valued 5.1% 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 +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,947 across all districts. With a homestead exemption claimed, that drops to $6,621 — saving $1,326 per year. That's $552 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% | $3,642 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,719 |
| Williamson County | County | 0.3694% | $1,507 |
| Austin Community College | special | 0.1034% | $422 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $407 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,947 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $334,313 would pay approximately $2,087 per month (principal and interest only, excluding taxes and insurance).