2918 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $433,432 and $518,419, with a best estimate of $468,111. 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
$468,111
$542,712
Based on 5 comparable properties(2 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 $433,432 and $518,419 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$33,824 for 156 sqft more living space and +$13,195 for being newer. Net adjustment: +$47,019.
Adjusted +$31,005 for 143 sqft more living space and +$39,585 for being newer. Net adjustment: +$70,590.
Adjusted -$6,071 for 28 sqft less living space. Net adjustment: -$6,071.
Adjusted -$4,336 for 20 sqft less living space and +$32,988 for being newer. Net adjustment: +$28,652.
Adjusted -$48,134 for 222 sqft less living space and +$32,988 for being newer. Net adjustment: -$15,146.
The Neighborhood
This home is valued 17.3% 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
above averageThis home is +17.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,576 across all districts. With a homestead exemption claimed, that drops to $9,225 — saving $1,351 per year. That's $769 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% | $4,847 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,288 |
| Williamson County | County | 0.3694% | $2,005 |
| Austin Community College | special | 0.1034% | $561 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $542 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,576 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,111 would pay approximately $2,922 per month (principal and interest only, excluding taxes and insurance).