2905 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $348,036 and $710,829, with a best estimate of $554,636. 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
$554,636
$503,824
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 $348,036 and $710,829 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$178,443 for 823 sqft less living space and +$6,598 for being newer. Net adjustment: -$171,845.
Adjusted -$138,548 for 639 sqft less living space and +$19,793 for being newer. Net adjustment: -$118,755.
Adjusted +$16,045 for 74 sqft more living space and +$79,170 for being newer. Net adjustment: +$95,215.
Adjusted +$16,045 for 74 sqft more living space and +$79,170 for being newer. Net adjustment: +$95,215.
Adjusted -$95,835 for 442 sqft less living space and +$65,975 for being newer. Net adjustment: -$29,860.
The Neighborhood
This home is valued 8.9% 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 +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,818 across all districts. With a homestead exemption claimed, that drops to $8,475 — saving $1,343 per year. That's $706 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% | $4,500 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,124 |
| Williamson County | County | 0.3694% | $1,861 |
| Austin Community College | special | 0.1034% | $521 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $503 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,818 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $554,636 would pay approximately $3,462 per month (principal and interest only, excluding taxes and insurance).