2804 PENELOPE CT, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $436,865 and $653,979, with a best estimate of $459,514. That places the property above the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$459,514
$399,446
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $436,865 and $653,979. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$103,876 for 519 sqft more living space and +$527 for being newer. Net adjustment: +$104,403.
Adjusted +$106,878 for 534 sqft more living space and +$527 for being newer. Net adjustment: +$107,405.
Adjusted -$9,607 for 48 sqft less living space and +$1,055 for being newer. Net adjustment: -$8,552.
Adjusted +$67,850 for 339 sqft more living space and +$527 for being newer. Net adjustment: +$68,377.
Adjusted -$1,582 for being older. Net adjustment: -$1,582.
The Neighborhood
This home is valued 3.0% 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
typicalThis home is +3.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,784 across all districts. With a homestead exemption claimed, that drops to $6,460 — saving $1,324 per year. That's $538 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% | $3,567 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,684 |
| Williamson County | County | 0.3694% | $1,476 |
| Austin Community College | special | 0.1034% | $413 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $399 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,784 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $459,514 would pay approximately $2,868 per month (principal and interest only, excluding taxes and insurance).