3004 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $415,590 and $810,474, with a best estimate of $452,289. That places the property below 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
$452,289
$513,339
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 $415,590 and $810,474 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$32,306 for 149 sqft less living space and +$13,195 for being newer. Net adjustment: -$19,111.
Adjusted -$72,201 for 333 sqft less living space. Net adjustment: -$72,201.
Adjusted +$10,407 for 48 sqft more living space and +$59,378 for being newer. Net adjustment: +$69,785.
Adjusted -$3,686 for 17 sqft less living space and +$39,585 for being newer. Net adjustment: +$35,899.
Adjusted +$8,456 for 39 sqft more living space and +$32,988 for being newer. Net adjustment: +$41,444.
The Neighborhood
This home is valued 10.9% 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 +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,003 across all districts. With a homestead exemption claimed, that drops to $8,658 — saving $1,345 per year. That's $722 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% | $4,585 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,164 |
| Williamson County | County | 0.3694% | $1,897 |
| Austin Community College | special | 0.1034% | $531 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,003 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $452,289 would pay approximately $2,823 per month (principal and interest only, excluding taxes and insurance).