2941 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $617,295 and $702,283, with a best estimate of $651,975. 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
$651,975
$524,848
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 $617,295 and $702,283 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$177,793 for 820 sqft more living space. Net adjustment: +$177,793.
Adjusted +$135,730 for 626 sqft more living space and +$32,988 for being newer. Net adjustment: +$168,718.
Adjusted +$217,688 for 1,004 sqft more living space and +$13,195 for being newer. Net adjustment: +$230,883.
Adjusted +$179,527 for 828 sqft more living space and +$32,988 for being newer. Net adjustment: +$212,515.
Adjusted +$18,430 for 85 sqft more living space and +$59,378 for being newer. Net adjustment: +$77,808.
The Neighborhood
This home is valued 13.4% 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 +13.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,228 across all districts. With a homestead exemption claimed, that drops to $8,880 — saving $1,348 per year. That's $740 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% | $4,687 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,212 |
| Williamson County | County | 0.3694% | $1,939 |
| Austin Community College | special | 0.1034% | $543 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $524 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,228 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $651,975 would pay approximately $4,070 per month (principal and interest only, excluding taxes and insurance).