3617 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $312,500 and $428,845, with a best estimate of $353,016. 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
$353,016
$452,659
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 $312,500 and $428,845. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$41,230 for 206 sqft less living space. Net adjustment: -$41,230.
Adjusted -$56,441 for 282 sqft less living space. Net adjustment: -$56,441.
Adjusted -$70,652 for 353 sqft less living space. Net adjustment: -$70,652.
Adjusted -$55,841 for 279 sqft less living space. Net adjustment: -$55,841.
Adjusted +$1,601 for 8 sqft more living space and +$6,330 for being newer. Net adjustment: +$7,931.
The Neighborhood
This home is valued 16.7% 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 +16.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,821 across all districts. With a homestead exemption claimed, that drops to $7,487 — saving $1,334 per year. That's $624 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% | $4,043 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,908 |
| Williamson County | County | 0.3694% | $1,672 |
| Austin Community College | special | 0.1034% | $468 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $8,821 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $353,016 would pay approximately $2,204 per month (principal and interest only, excluding taxes and insurance).