3116 MARGARITA LOOP, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $394,129 and $717,844, with a best estimate of $590,017. That places the property above the R491607C - PALOMA LAKE DREES /TAYLOR median of $579,346, in a neighborhood that declined 5.0% over the past year.
Estimated Value Range
$590,017
$647,007
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R491607C - PALOMA LAKE DREES /TAYLOR, this home's estimated market value is between $394,129 and $717,844. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,563 for 71 sqft less living space and -$13,517 for being older. Net adjustment: -$30,080.
Adjusted -$1,633 for 7 sqft less living space and -$2,703 for being older. Net adjustment: -$4,336.
Adjusted +$111,509 for 478 sqft more living space and -$5,407 for being older. Net adjustment: +$106,102.
Adjusted -$213,687 for 916 sqft less living space and -$8,110 for being older. Net adjustment: -$221,797.
Adjusted -$64,153 for 275 sqft less living space and -$5,407 for being older. Net adjustment: -$69,560.
The Neighborhood
This home is valued 11.7% above the R491607C - PALOMA LAKE DREES /TAYLOR median of $579,346. With 431 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.0% over the past year.
R491607C - PALOMA LAKE DREES /TAYLOR
typicalThis home is +11.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,291 across all districts. With a homestead exemption claimed, that drops to $10,921 — saving $1,370 per year. That's $910 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% | $5,778 |
| Paloma Lakes MUD #1 | MUD | 0.3725% | $2,410 |
| Williamson County | County | 0.3694% | $2,390 |
| Austin Community College | special | 0.1034% | $669 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $646 |
| Williamson County FM/Rd | County | 0.0443% | $287 |
| Upper Brushy Creek WCID | Water | 0.0170% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8997% | $12,291 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $590,017 would pay approximately $3,683 per month (principal and interest only, excluding taxes and insurance).