3308 BALBOA WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $545,749 and $678,027, with a best estimate of $608,390. That places the property above the R494617D - PALOMA LAKE SEC 26 median of $605,828, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$608,390
$479,247
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R494617D - PALOMA LAKE SEC 26, this home's estimated market value is between $545,749 and $678,027. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,915 for 31 sqft more living space. Net adjustment: +$7,915.
Adjusted +$86,809 for 340 sqft more living space and -$1,658 for being older. Net adjustment: +$85,151.
Adjusted -$6,638 for 26 sqft less living space. Net adjustment: -$6,638.
Adjusted +$60,256 for 236 sqft more living space and -$553 for being older. Net adjustment: +$59,703.
Adjusted -$1,532 for 6 sqft less living space. Net adjustment: -$1,532.
The Neighborhood
This home is valued 20.9% below the R494617D - PALOMA LAKE SEC 26 median of $605,828. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.5% over the past year.
R494617D - PALOMA LAKE SEC 26
below averageThis home is -20.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,339 across all districts. With a homestead exemption claimed, that drops to $8,000 — saving $1,339 per year. That's $667 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% | $4,280 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,020 |
| Williamson County | County | 0.3694% | $1,771 |
| Austin Community College | special | 0.1034% | $496 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $479 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,339 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $608,390 would pay approximately $3,798 per month (principal and interest only, excluding taxes and insurance).