3618 PENELOPE WAY, ROUND ROCK, TX 78665
ROUND ROCK, 78665 — williamson County
Property at a Glance
This home is estimated between $313,487 and $523,311, with a best estimate of $492,020. That places the property above the R493607C - PALOMA LAKE SEC 18 median of $387,915, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$492,020
$383,152
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 $313,487 and $523,311. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$14,210 for 71 sqft more living space. Net adjustment: +$14,210.
Adjusted +$21,416 for 107 sqft more living space. Net adjustment: +$21,416.
Adjusted +$70,652 for 353 sqft more living space. Net adjustment: +$70,652.
Adjusted +$14,811 for 74 sqft more living space. Net adjustment: +$14,811.
Adjusted +$200 for 1 sqft more living space and -$6,330 for being older. Net adjustment: -$6,130.
The Neighborhood
This home is valued 1.2% 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 -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,466 across all districts. With a homestead exemption claimed, that drops to $6,145 — saving $1,321 per year. That's $512 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% | $3,422 |
| Paloma Lakes MUD #2 | MUD | 0.4215% | $1,615 |
| Williamson County | County | 0.3694% | $1,416 |
| Austin Community College | special | 0.1034% | $396 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $383 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9487% | $7,466 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,020 would pay approximately $3,071 per month (principal and interest only, excluding taxes and insurance).