3532 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $310,583 and $424,060, with a best estimate of $320,990. 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
$320,990
$523,544
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $310,583 and $424,060. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$51,638 for 258 sqft less living space and +$527 for being newer. Net adjustment: -$51,111.
Adjusted -$56,842 for 284 sqft less living space. Net adjustment: -$56,842.
Adjusted -$58,443 for 292 sqft less living space. Net adjustment: -$58,443.
Adjusted -$81,860 for 409 sqft less living space and +$527 for being newer. Net adjustment: -$81,333.
Adjusted -$1,201 for 6 sqft less living space and -$2,637 for being older. Net adjustment: -$3,838.
The Neighborhood
This home is valued 35.0% 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
above averageThis home is +35.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,202 across all districts. With a homestead exemption claimed, that drops to $8,855 — saving $1,347 per year. That's $738 per month a buyer should budget. The assessed value increased +0.2% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 47 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,676 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,207 |
| Williamson County | County | 0.3694% | $1,934 |
| Austin Community College | special | 0.1034% | $541 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,202 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,990 would pay approximately $2,004 per month (principal and interest only, excluding taxes and insurance).