2937 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $469,733 and $554,721, with a best estimate of $504,412. 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
$504,412
$434,430
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $469,733 and $554,721 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$63,528 for 293 sqft more living space and +$19,793 for being newer. Net adjustment: +$83,321.
Adjusted +$23,633 for 109 sqft more living space and +$6,598 for being newer. Net adjustment: +$30,231.
Adjusted -$18,430 for 85 sqft less living space and +$39,585 for being newer. Net adjustment: +$21,155.
Adjusted +$25,368 for 117 sqft more living space and +$39,585 for being newer. Net adjustment: +$64,953.
Adjusted +$60,710 for 280 sqft more living space and +$46,183 for being newer. Net adjustment: +$106,893.
The Neighborhood
This home is valued 6.1% below the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.4% over the past year.
R492607C - Paloma Lake - Sec 17A & 17B
typicalThis home is -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,466 across all districts. With a homestead exemption claimed, that drops to $7,135 — saving $1,331 per year. That's $595 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% | $3,880 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,831 |
| Williamson County | County | 0.3694% | $1,605 |
| Austin Community College | special | 0.1034% | $449 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $434 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $8,466 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $504,412 would pay approximately $3,149 per month (principal and interest only, excluding taxes and insurance).