2934 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $354,719 and $556,712, with a best estimate of $505,423. That places the property above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814, in a neighborhood that declined 4.4% over the past year.
Estimated Value Range
$505,423
$520,653
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $354,719 and $556,712 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$129,876 for 599 sqft less living space and +$13,195 for being newer. Net adjustment: -$116,681.
Adjusted +$24,718 for 114 sqft more living space and +$72,573 for being newer. Net adjustment: +$97,291.
Adjusted +$24,718 for 114 sqft more living space and +$72,573 for being newer. Net adjustment: +$97,291.
Adjusted -$72,418 for 334 sqft less living space and +$32,988 for being newer. Net adjustment: -$39,430.
Adjusted -$93,233 for 430 sqft less living space and +$32,988 for being newer. Net adjustment: -$60,245.
The Neighborhood
This home is valued 12.5% above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814. With 292 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.4% over the past year.
R492607C - Paloma Lake - Sec 17A & 17B
typicalThis home is +12.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,146 across all districts. With a homestead exemption claimed, that drops to $8,799 — saving $1,347 per year. That's $733 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% | $4,650 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,195 |
| Williamson County | County | 0.3694% | $1,924 |
| Austin Community College | special | 0.1034% | $538 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $520 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,146 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $505,423 would pay approximately $3,155 per month (principal and interest only, excluding taxes and insurance).