3709 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $352,160 and $500,749, with a best estimate of $429,268. 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
$429,268
$402,409
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $352,160 and $500,749 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$66,649 for 333 sqft more living space. Net adjustment: +$66,649.
Adjusted +$22,016 for 110 sqft more living space. Net adjustment: +$22,016.
Adjusted +$37,828 for 189 sqft more living space and -$7,912 for being older. Net adjustment: +$29,916.
Adjusted +$86,063 for 430 sqft more living space and -$10,550 for being older. Net adjustment: +$75,513.
Adjusted +$148,509 for 742 sqft more living space and -$10,550 for being older. Net adjustment: +$137,959.
The Neighborhood
This home is valued 3.7% 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 +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,842 across all districts. With a homestead exemption claimed, that drops to $6,517 — saving $1,325 per year. That's $543 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% | $3,594 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,696 |
| Williamson County | County | 0.3694% | $1,487 |
| Austin Community College | special | 0.1034% | $416 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $402 |
| 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% | $7,842 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $429,268 would pay approximately $2,679 per month (principal and interest only, excluding taxes and insurance).