3541 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $362,718 and $460,077, with a best estimate of $382,435. That places the property below the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$382,435
$351,629
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R493607C - PALOMA LAKE SEC 18. The estimated range of $362,718 and $460,077 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$64,247 for 321 sqft less living space and +$5,275 for being newer. Net adjustment: -$58,972.
Adjusted -$13,010 for 65 sqft less living space and +$1,582 for being newer. Net adjustment: -$11,428.
Adjusted -$122,290 for 611 sqft less living space and +$5,802 for being newer. Net adjustment: -$116,488.
Adjusted -$24,218 for 121 sqft less living space and +$2,110 for being newer. Net adjustment: -$22,108.
Adjusted +$69,251 for 346 sqft more living space and -$10,022 for being older. Net adjustment: +$59,229.
The Neighborhood
This home is valued 9.4% 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 -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,852 across all districts. With a homestead exemption claimed, that drops to $5,537 — saving $1,315 per year. That's $461 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% | $3,140 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,482 |
| Williamson County | County | 0.3694% | $1,299 |
| Austin Community College | special | 0.1034% | $364 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $351 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $6,852 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $382,435 would pay approximately $2,387 per month (principal and interest only, excluding taxes and insurance).