3525 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $226,411 and $365,731, with a best estimate of $270,994. 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
$270,994
$462,872
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R493607C - PALOMA LAKE SEC 18. The estimated range of $226,411 and $365,731 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$124,691 for 623 sqft less living space and -$527 for being older. Net adjustment: -$125,218.
Adjusted -$10,550 for being older. Net adjustment: -$10,550.
Adjusted -$55,441 for 277 sqft less living space and -$10,550 for being older. Net adjustment: -$65,991.
Adjusted -$312,229 for 1,560 sqft less living space and +$3,165 for being newer. Net adjustment: -$309,064.
Adjusted -$188,939 for 944 sqft less living space and +$4,747 for being newer. Net adjustment: -$184,192.
The Neighborhood
This home is valued 19.3% 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 +19.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,020 across all districts. With a homestead exemption claimed, that drops to $7,684 — saving $1,336 per year. That's $640 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% | $4,134 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,951 |
| Williamson County | County | 0.3694% | $1,710 |
| Austin Community College | special | 0.1034% | $479 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,020 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $270,994 would pay approximately $1,692 per month (principal and interest only, excluding taxes and insurance).