2805 PENELOPE CT, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $393,433 and $599,401, with a best estimate of $414,739. 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
$414,739
$527,423
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $393,433 and $599,401. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$2,802 for 14 sqft less living space and +$1,582 for being newer. Net adjustment: -$1,220.
Adjusted +$60,444 for 302 sqft more living space and +$527 for being newer. Net adjustment: +$60,971.
Adjusted +$22,817 for 114 sqft more living space and -$2,637 for being older. Net adjustment: +$20,180.
Adjusted +$63,447 for 317 sqft more living space and +$527 for being newer. Net adjustment: +$63,974.
Adjusted +$24,418 for 122 sqft more living space and +$527 for being newer. Net adjustment: +$24,945.
The Neighborhood
This home is valued 36.0% 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 +36.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,278 across all districts. With a homestead exemption claimed, that drops to $8,930 — saving $1,348 per year. That's $744 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% | $4,710 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,223 |
| Williamson County | County | 0.3694% | $1,949 |
| Austin Community College | special | 0.1034% | $545 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $527 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $10,278 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $414,739 would pay approximately $2,589 per month (principal and interest only, excluding taxes and insurance).