3408 CORTES PL, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $328,330 and $570,323, with a best estimate of $511,603. 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
$511,603
$513,151
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R492607C - Paloma Lake - Sec 17A & 17B, this home's estimated market value is between $328,330 and $570,323. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$46,183 for 213 sqft more living space and -$19,793 for being older. Net adjustment: +$26,390.
Adjusted -$41,196 for 190 sqft less living space. Net adjustment: -$41,196.
Adjusted +$9,106 for 42 sqft more living space and +$13,195 for being newer. Net adjustment: +$22,301.
Adjusted +$41,413 for 191 sqft more living space and -$19,793 for being older. Net adjustment: +$21,620.
Adjusted -$160,664 for 741 sqft less living space and +$13,195 for being newer. Net adjustment: -$147,469.
The Neighborhood
This home is valued 10.9% 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 +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,000 across all districts. With a homestead exemption claimed, that drops to $8,655 — saving $1,345 per year. That's $721 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% | $4,583 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,163 |
| Williamson County | County | 0.3694% | $1,896 |
| Austin Community College | special | 0.1034% | $531 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,000 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $511,603 would pay approximately $3,193 per month (principal and interest only, excluding taxes and insurance).