3621 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $368,341 and $508,500, with a best estimate of $422,086. That places the property above the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$422,086
$484,686
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R493607C - PALOMA LAKE SEC 18, this home's estimated market value is between $368,341 and $508,500. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$600 for 3 sqft less living space. Net adjustment: -$600.
Adjusted +$6,605 for 33 sqft more living space. Net adjustment: +$6,605.
Adjusted -$14,811 for 74 sqft less living space. Net adjustment: -$14,811.
Adjusted +$14,611 for 73 sqft more living space. Net adjustment: +$14,611.
Adjusted +$55,841 for 279 sqft more living space. Net adjustment: +$55,841.
The Neighborhood
This home is valued 24.9% 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 +24.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,445 across all districts. With a homestead exemption claimed, that drops to $8,105 — saving $1,340 per year. That's $675 per month a buyer should budget. The assessed value increased +0.4% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 48 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,329 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,043 |
| Williamson County | County | 0.3694% | $1,791 |
| Austin Community College | special | 0.1034% | $501 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $484 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,445 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,086 would pay approximately $2,635 per month (principal and interest only, excluding taxes and insurance).