3016 MAGELLAN WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $540,840 and $870,513, with a best estimate of $617,481. That places the property above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814, in a neighborhood that declined 4.4% over the past year.
Estimated Value Range
$617,481
$482,988
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R492607C - Paloma Lake - Sec 17A & 17B. The estimated range of $540,840 and $870,513 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$150,690 for 695 sqft more living space. Net adjustment: +$150,690.
Adjusted -$48,568 for 224 sqft less living space and +$46,183 for being newer. Net adjustment: -$2,385.
Adjusted +$52,254 for 241 sqft more living space and +$46,183 for being newer. Net adjustment: +$98,437.
Adjusted +$110,795 for 511 sqft more living space and -$13,195 for being older. Net adjustment: +$97,600.
Adjusted +$123,588 for 570 sqft more living space and +$46,183 for being newer. Net adjustment: +$169,771.
The Neighborhood
This home is valued 4.4% above the R492607C - Paloma Lake - Sec 17A & 17B median of $462,814. With 292 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.4% over the past year.
R492607C - Paloma Lake - Sec 17A & 17B
typicalThis home is +4.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,412 across all districts. With a homestead exemption claimed, that drops to $8,072 — saving $1,340 per year. That's $673 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% | $4,314 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,036 |
| Williamson County | County | 0.3694% | $1,784 |
| Austin Community College | special | 0.1034% | $499 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $483 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,412 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $617,481 would pay approximately $3,854 per month (principal and interest only, excluding taxes and insurance).