3622 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $333,579 and $593,379, with a best estimate of $440,686. 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
$440,686
$415,481
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 $333,579 and $593,379. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$21,416 for 107 sqft less living space. Net adjustment: -$21,416.
Adjusted -$6,605 for 33 sqft less living space. Net adjustment: -$6,605.
Adjusted +$159,117 for 795 sqft more living space. Net adjustment: +$159,117.
Adjusted -$39,629 for 198 sqft less living space and +$1,582 for being newer. Net adjustment: -$38,047.
Adjusted +$6,004 for 30 sqft more living space and -$6,330 for being older. Net adjustment: -$326.
The Neighborhood
This home is valued 7.1% 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 +7.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,096 across all districts. With a homestead exemption claimed, that drops to $6,769 — saving $1,327 per year. That's $564 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% | $3,711 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,751 |
| Williamson County | County | 0.3694% | $1,535 |
| Austin Community College | special | 0.1034% | $430 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $415 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $8,096 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,686 would pay approximately $2,751 per month (principal and interest only, excluding taxes and insurance).