3606 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $332,549 and $444,823, with a best estimate of $368,865. 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
$368,865
$370,198
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 $332,549 and $444,823. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,411 for 72 sqft less living space. Net adjustment: -$14,411.
Adjusted +$37,027 for 185 sqft more living space. Net adjustment: +$37,027.
Adjusted -$20,615 for 103 sqft less living space. Net adjustment: -$20,615.
Adjusted +$36,026 for 180 sqft more living space. Net adjustment: +$36,026.
Adjusted +$3,202 for 16 sqft more living space and -$6,330 for being older. Net adjustment: -$3,128.
The Neighborhood
This home is valued 4.6% 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 -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,214 across all districts. With a homestead exemption claimed, that drops to $5,895 — saving $1,319 per year. That's $491 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% | $3,306 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,560 |
| Williamson County | County | 0.3694% | $1,368 |
| Austin Community College | special | 0.1034% | $383 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $370 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,214 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $368,865 would pay approximately $2,302 per month (principal and interest only, excluding taxes and insurance).