2816 PENELOPE CT, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $389,794 and $657,222, with a best estimate of $405,591. 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
$405,591
$368,488
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $389,794 and $657,222 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$36,026 for 180 sqft more living space. Net adjustment: +$36,026.
Adjusted +$39,029 for 195 sqft more living space. Net adjustment: +$39,029.
Adjusted +$2,402 for 12 sqft more living space and -$2,110 for being older. Net adjustment: +$292.
Adjusted +$3,002 for 15 sqft more living space and -$2,110 for being older. Net adjustment: +$892.
Adjusted -$77,457 for 387 sqft less living space and +$527 for being newer. Net adjustment: -$76,930.
The Neighborhood
This home is valued 5.0% 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 -5.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,181 across all districts. With a homestead exemption claimed, that drops to $5,862 — saving $1,319 per year. That's $489 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% | $3,291 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,553 |
| Williamson County | County | 0.3694% | $1,361 |
| Austin Community College | special | 0.1034% | $381 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $368 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $405,591 would pay approximately $2,532 per month (principal and interest only, excluding taxes and insurance).