2922 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $545,063 and $630,051, with a best estimate of $579,742. 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
$579,742
$531,949
Based on 5 comparable properties(2 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 $545,063 and $630,051 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$92,366 for 426 sqft more living space and +$13,195 for being newer. Net adjustment: +$105,561.
Adjusted +$50,302 for 232 sqft more living space and +$46,183 for being newer. Net adjustment: +$96,485.
Adjusted +$132,261 for 610 sqft more living space and +$26,390 for being newer. Net adjustment: +$158,651.
Adjusted +$94,100 for 434 sqft more living space and +$46,183 for being newer. Net adjustment: +$140,283.
Adjusted +$129,442 for 597 sqft more living space and +$52,780 for being newer. Net adjustment: +$182,222.
The Neighborhood
This home is valued 14.9% 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 +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,366 across all districts. With a homestead exemption claimed, that drops to $9,017 — saving $1,349 per year. That's $751 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% | $4,751 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,242 |
| Williamson County | County | 0.3694% | $1,965 |
| Austin Community College | special | 0.1034% | $550 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $531 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,366 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $579,742 would pay approximately $3,619 per month (principal and interest only, excluding taxes and insurance).