3540 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $369,026 and $581,987, with a best estimate of $379,433. 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
$379,433
$482,503
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 $369,026 and $581,987. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$1,601 for 8 sqft more living space. Net adjustment: +$1,601.
Adjusted +$58,443 for 292 sqft more living space. Net adjustment: +$58,443.
Adjusted +$6,805 for 34 sqft more living space and +$527 for being newer. Net adjustment: +$7,332.
Adjusted -$23,417 for 117 sqft less living space and +$527 for being newer. Net adjustment: -$22,890.
Adjusted -$21,216 for 106 sqft less living space and -$2,110 for being older. Net adjustment: -$23,326.
The Neighborhood
This home is valued 24.4% 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
above averageThis home is +24.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,402 across all districts. With a homestead exemption claimed, that drops to $8,063 — saving $1,339 per year. That's $672 per month a buyer should budget. The assessed value increased +1.0% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,309 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,034 |
| Williamson County | County | 0.3694% | $1,783 |
| Austin Community College | special | 0.1034% | $499 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $482 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,402 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $379,433 would pay approximately $2,368 per month (principal and interest only, excluding taxes and insurance).