2942 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $536,421 and $621,409, with a best estimate of $571,101. 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
$571,101
$472,661
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 $536,421 and $621,409 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$96,919 for 447 sqft more living space. Net adjustment: +$96,919.
Adjusted +$54,856 for 253 sqft more living space and +$32,988 for being newer. Net adjustment: +$87,844.
Adjusted +$136,814 for 631 sqft more living space and +$13,195 for being newer. Net adjustment: +$150,009.
Adjusted +$98,653 for 455 sqft more living space and +$32,988 for being newer. Net adjustment: +$131,641.
Adjusted +$133,995 for 618 sqft more living space and +$39,585 for being newer. Net adjustment: +$173,580.
The Neighborhood
This home is valued 2.1% 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 +2.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,211 across all districts. With a homestead exemption claimed, that drops to $7,873 — saving $1,338 per year. That's $656 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% | $4,221 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,992 |
| Williamson County | County | 0.3694% | $1,746 |
| Austin Community College | special | 0.1034% | $489 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $472 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,211 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $571,101 would pay approximately $3,565 per month (principal and interest only, excluding taxes and insurance).