3609 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $326,205 and $449,909, with a best estimate of $334,172. That places the property below the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$334,172
$356,989
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $326,205 and $449,909. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,421 for 142 sqft less living space. Net adjustment: -$28,421.
Adjusted -$56,642 for 283 sqft less living space. Net adjustment: -$56,642.
Adjusted -$50,437 for 252 sqft less living space. Net adjustment: -$50,437.
Adjusted -$36,026 for 180 sqft less living space. Net adjustment: -$36,026.
Adjusted -$5,604 for 28 sqft less living space and +$6,330 for being newer. Net adjustment: +$726.
The Neighborhood
This home is valued 8.0% below the R493607C - PALOMA LAKE SEC 18 median of $387,915. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R493607C - PALOMA LAKE SEC 18
typicalThis home is -8.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,957 across all districts. With a homestead exemption claimed, that drops to $5,640 — saving $1,317 per year. That's $470 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% | $3,188 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,505 |
| Williamson County | County | 0.3694% | $1,319 |
| Austin Community College | special | 0.1034% | $369 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $357 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $6,957 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $334,172 would pay approximately $2,086 per month (principal and interest only, excluding taxes and insurance).