
**Seller is offering $10,000 toward buyer’s closing costs, prepaids, or an interest rate buy-down!** New Class 4 Impact-Resistant Roof will be installed in July. Turnkey 5-bedroom, 4-bathroom, 3,524 sq ft home featuring a highly functional 1.5-story layout. The main level holds 4 Bedrooms - Primary suite + 3 additional bedrooms + Private office with built-in cabinetry. Upstairs includes a large game room loft, a private 5th bedroom, and a full bathroom—ideal for a guest suite or multi-generational living. All new ceiling fans in every room plus updated lighting throughout.
Notice the soaring ceilings, a spacious family room, and a chef’s kitchen with a massive center island, granite countertops, breakfast bar, and the stainless-steel KitchenAid appliances.
The home includes two (2) tankless water heaters, a whole-house water softener, and a reverse osmosis filtration system at the kitchen sink. Fully integrated smart-home ecosystem features security cameras, smart thermostats, smart garage openers, and a smart irrigation system. The rare 3-car garage provides exceptional parking and storage space. Don't forget the in-ground basketball hoop with hours of built-in entertainment. The private backyard features mature fruit trees and raised garden beds with automated drip irrigation.
Situated within walking distance to neighborhood parks and 4.5 miles of connected community trails. 2-minute walk to the main Paloma Lake lakeside amenity complex, which features resort-style pools, a splash pad, catch-and-release fishing, and courts for pickleball, basketball, and sand volleyball.
Zoned to top-rated Round Rock ISD schools (Herrington Elementary, Hopewell Middle, Stony Point High). Located minutes from major medical facilities, 3 H-E-B locations, Kalahari Resort, with immediate access to Toll 130 and 45 for a fast Austin commute. Ready for a quick summer closing.
Property Type
Residential
Year Built
2010
Lot Size
0.19 acres
$/Sq Ft
$170
HOA
$183/mo
Garage
6 spaces
Listed by Central Metro Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2941 Magellan WAY is listed at $599,000 with 5 bedrooms, 4 full bathrooms, 3,524 square feet, 0.19-acre lot. This places it above the 78665 median of $503,134.
2941 Magellan WAY is zoned for Round Rock ISD with assigned schools: Herrington (elementary), Hopewell (middle), Stony Point (high). School assignments should be verified directly with the district.
2941 Magellan WAY is a Residential built in 2010 featuring 5 bedrooms, 4 full bathrooms, 3,524 square feet, 0.19-acre lot.
2941 Magellan WAY is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 2941 Magellan WAY is $10,695. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-8.6% | — | $524,848 | $110,000 | $414,848 |
2025 | — | $574,391 | $110,000 | $464,391 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($120K)
$599,000
Luxury property intelligence
A sourced read on Paloma Lake Sec 17a pricing, timing, and property scale. No automated valuation claim.
List price
$599,000
Price per sqft
$170/sqft
Vs. Paloma Lake Sec 17a median
Not available
Days on market
2 days
Original to current
$60.9K reduction
$659.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($119,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2941 Magellan WAY is around $3,999 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $599,000, 2941 Magellan WAY is in the Paloma Lake Sec 17a market where there are currently 223 active listings in 78665. The Keenan Group has completed 9 transactions in 78665 as part of 1,000+ career sales totaling $1B+ across Austin.
2941 Magellan WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
2941 Magellan WAY is part of a managed community with HOA dues of $183 quarterly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
10 events on record
Current Price
$599,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-8.6% | — | $524,848 | $110,000 | $414,848 |
2025 | — | $574,391 | $110,000 | $464,391 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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