3614 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $299,277 and $509,100, with a best estimate of $376,471. 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
$376,471
$477,810
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 $299,277 and $509,100. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,210 for 71 sqft less living space. Net adjustment: -$14,210.
Adjusted -$6,805 for 34 sqft less living space. Net adjustment: -$6,805.
Adjusted +$56,441 for 282 sqft more living space. Net adjustment: +$56,441.
Adjusted +$15,211 for 76 sqft more living space. Net adjustment: +$15,211.
Adjusted -$14,010 for 70 sqft less living space and -$6,330 for being older. Net adjustment: -$20,340.
The Neighborhood
This home is valued 23.2% 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 +23.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,311 across all districts. With a homestead exemption claimed, that drops to $7,972 — saving $1,339 per year. That's $664 per month a buyer should budget. The assessed value increased +0.6% vs the subdivision average of -9.2%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,267 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $2,014 |
| Williamson County | County | 0.3694% | $1,765 |
| Austin Community College | special | 0.1034% | $494 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $9,311 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $376,471 would pay approximately $2,350 per month (principal and interest only, excluding taxes and insurance).