3613 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $361,260 and $493,889, with a best estimate of $462,599. 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
$462,599
$370,128
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 $361,260 and $493,889. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$41,230 for 206 sqft more living space. Net adjustment: +$41,230.
Adjusted +$28,421 for 142 sqft more living space. Net adjustment: +$28,421.
Adjusted -$15,211 for 76 sqft less living space. Net adjustment: -$15,211.
Adjusted -$22,016 for 110 sqft less living space. Net adjustment: -$22,016.
Adjusted +$22,817 for 114 sqft more living space and +$6,330 for being newer. Net adjustment: +$29,147.
The Neighborhood
This home is valued 4.6% 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 -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,213 across all districts. With a homestead exemption claimed, that drops to $5,894 — saving $1,319 per year. That's $491 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% | $3,306 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,560 |
| Williamson County | County | 0.3694% | $1,367 |
| Austin Community College | special | 0.1034% | $383 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $370 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,213 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $462,599 would pay approximately $2,888 per month (principal and interest only, excluding taxes and insurance).