3549 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $383,114 and $441,446, with a best estimate of $418,954. 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
$418,954
$375,741
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $383,114 and $441,446 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$45,233 for 226 sqft more living space. Net adjustment: +$45,233.
Adjusted -$19,014 for 95 sqft less living space and +$5,275 for being newer. Net adjustment: -$13,739.
Adjusted -$142,304 for 711 sqft less living space and +$3,692 for being newer. Net adjustment: -$138,612.
Adjusted -$77,057 for 385 sqft less living space and +$5,802 for being newer. Net adjustment: -$71,255.
Adjusted -$8,006 for 40 sqft less living space and +$2,110 for being newer. Net adjustment: -$5,896.
The Neighborhood
This home is valued 3.1% below the R493607C - PALOMA LAKE SEC 18 median of $387,915. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is -3.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,322 across all districts. With a homestead exemption claimed, that drops to $6,002 — saving $1,320 per year. That's $500 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% | $3,356 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,584 |
| Williamson County | County | 0.3694% | $1,388 |
| Austin Community College | special | 0.1034% | $389 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $375 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,322 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $418,954 would pay approximately $2,615 per month (principal and interest only, excluding taxes and insurance).