3512 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $374,943 and $422,983, with a best estimate of $400,371. 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
$400,371
$400,606
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $374,943 and $422,983. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$12,409 for 62 sqft more living space and -$527 for being older. Net adjustment: +$11,882.
Adjusted +$44,433 for 222 sqft more living space and -$527 for being older. Net adjustment: +$43,906.
Adjusted +$51,838 for 259 sqft more living space. Net adjustment: +$51,838.
Adjusted -$26,019 for 130 sqft less living space and -$3,165 for being older. Net adjustment: -$29,184.
Adjusted +$36,427 for 182 sqft more living space and -$3,165 for being older. Net adjustment: +$33,262.
The Neighborhood
This home is valued 3.3% 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 +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,807 across all districts. With a homestead exemption claimed, that drops to $6,482 — saving $1,325 per year. That's $540 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% | $3,578 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,689 |
| Williamson County | County | 0.3694% | $1,480 |
| Austin Community College | special | 0.1034% | $414 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $400 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,807 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,371 would pay approximately $2,499 per month (principal and interest only, excluding taxes and insurance).