3524 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $317,660 and $604,877, with a best estimate of $402,323. 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
$402,323
$391,916
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $317,660 and $604,877. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$30,222 for 151 sqft more living space. Net adjustment: +$30,222.
Adjusted +$25,018 for 125 sqft more living space and -$527 for being older. Net adjustment: +$24,491.
Adjusted +$23,417 for 117 sqft more living space and -$527 for being older. Net adjustment: +$22,890.
Adjusted +$81,860 for 409 sqft more living space and -$527 for being older. Net adjustment: +$81,333.
Adjusted -$6,004 for 30 sqft less living space and -$4,747 for being older. Net adjustment: -$10,751.
The Neighborhood
This home is in line with the R493607C - PALOMA LAKE SEC 18 median of $387,915. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is +1.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,637 across all districts. With a homestead exemption claimed, that drops to $6,314 — saving $1,323 per year. That's $526 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% | $3,500 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,652 |
| Williamson County | County | 0.3694% | $1,448 |
| Austin Community College | special | 0.1034% | $405 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $392 |
| Williamson County FM/Rd | County | 0.0443% | $174 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $402,323 would pay approximately $2,511 per month (principal and interest only, excluding taxes and insurance).