3733 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $365,867 and $736,321, with a best estimate of $397,692. 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
$397,692
$475,771
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R493607C - PALOMA LAKE SEC 18. The estimated range of $365,867 and $736,321 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,005 for 35 sqft less living space and +$2,637 for being newer. Net adjustment: -$4,368.
Adjusted -$8,806 for 44 sqft less living space and +$527 for being newer. Net adjustment: -$8,279.
Adjusted +$6,605 for 33 sqft more living space and +$527 for being newer. Net adjustment: +$7,132.
Adjusted -$20,015 for 100 sqft less living space and +$1,055 for being newer. Net adjustment: -$18,960.
Adjusted -$57,842 for 289 sqft less living space and +$2,110 for being newer. Net adjustment: -$55,732.
The Neighborhood
This home is valued 22.6% 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 +22.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,271 across all districts. With a homestead exemption claimed, that drops to $7,933 — saving $1,338 per year. That's $661 per month a buyer should budget. The assessed value increased +0.7% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,249 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,005 |
| Williamson County | County | 0.3694% | $1,758 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $475 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,271 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,692 would pay approximately $2,482 per month (principal and interest only, excluding taxes and insurance).