3605 PENWOOD CV, ROUND ROCK, TX 78664
ROUND ROCK, 78664 — williamson County
Property at a Glance
This home is estimated between $753,812 and $1,031,807, with a best estimate of $876,897. That places the property below the R549699C - Forest Creek Sec 14,20,21,26-30,33,34 median of $910,927, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$876,897
$1,032,349
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R549699C - Forest Creek Sec 14,20,21,26-30,33,34, this home's estimated market value is between $753,812 and $1,031,807. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$72,769 for 208 sqft more living space. Net adjustment: +$72,769.
Adjusted -$431,365 for 1,233 sqft less living space and -$1,462 for being older. Net adjustment: -$432,827.
Adjusted -$350 for 1 sqft less living space. Net adjustment: -$350.
Adjusted -$106,704 for 305 sqft less living space and +$2,925 for being newer. Net adjustment: -$103,779.
Adjusted -$225,303 for 644 sqft less living space. Net adjustment: -$225,303.
The Neighborhood
This home is valued 13.3% above the R549699C - Forest Creek Sec 14,20,21,26-30,33,34 median of $910,927. With 271 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
R549699C - Forest Creek Sec 14,20,21,26-30,33,34
typicalThis home is +13.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,575 across all districts. With a homestead exemption claimed, that drops to $17,134 — saving $1,441 per year. That's $1,428 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% | $9,220 |
| Round Rock | City | 0.3720% | $3,840 |
| Williamson County | County | 0.3694% | $3,814 |
| Austin Community College | special | 0.1034% | $1,067 |
| Williamson County FM/Rd | County | 0.0443% | $458 |
| Upper Brushy Creek WCID | Water | 0.0170% | $175 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $18,575 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $876,897 would pay approximately $5,474 per month (principal and interest only, excluding taxes and insurance).