3601 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $376,115 and $484,088, with a best estimate of $384,082. 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
$384,082
$385,224
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 $376,115 and $484,088. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,205 for 31 sqft less living space and -$527 for being older. Net adjustment: -$6,732.
Adjusted +$51,438 for 257 sqft more living space and -$527 for being older. Net adjustment: +$50,911.
Adjusted +$6,805 for 34 sqft more living space and -$527 for being older. Net adjustment: +$6,278.
Adjusted +$14,411 for 72 sqft more living space and -$527 for being older. Net adjustment: +$13,884.
Adjusted -$21,616 for 108 sqft less living space and +$5,802 for being newer. Net adjustment: -$15,814.
The Neighborhood
This home is in line with the R493607C - PALOMA LAKE SEC 18 median of $387,915. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is -0.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,507 across all districts. With a homestead exemption claimed, that drops to $6,185 — saving $1,322 per year. That's $515 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% | $3,440 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,624 |
| Williamson County | County | 0.3694% | $1,423 |
| Austin Community College | special | 0.1034% | $398 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $385 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,507 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,082 would pay approximately $2,397 per month (principal and interest only, excluding taxes and insurance).