Paloma Lake is a master planned community in east Round Rock, just west of the SH 130 toll road. Homes were built starting in 2007 by builders including Ashton Woods, Grand Haven, Wilshire, Standard Pacific, Pulte, Coventry, Taylor Morrison, David Weekley, Drees and Plantation Homes, and build out was complete in 2020. Homes range from 1,750 to 3,926 square feet, with 3 to 6 bedrooms and 2 to 5 bathrooms on lots averaging 0.15 to 0.4 acres. The neighborhood has a private catch-and-release lake, two amenity centers with pools, a clubhouse, four playscapes, two sports courts and greenbelt hiking trails, and Herrington Elementary is located within the community. Paloma Lake is zoned to Round Rock ISD and has an HOA. This Paloma Lake neighborhood guide covers the homes, amenities, commute, schools, property tax rate, deed restrictions, HOA dues, home price history, days on market and sold data. Scroll Down to Read Our Paloma Lake Neighborhood Guide.
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Paloma Lake Homes for Sale
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Paloma Lake is located in east Round Rock just west of the 130 toll road. Paloma Lake is shaded in blue on the map below. Explore other Round Rock neighborhoods in our Round Rock Neighborhood Guide. Scroll down to continue reading our Paloma Lake neighborhood guide.
What Does the Paloma Lake Neighborhood Look Like?
Paloma Lake is a master planned community with a mix of mature trees and newer landscaping. The neighborhood has wide, tree-lined streets, yards and cul-de-sacs.
The community was developed between 2007 and 2020 by builders including Taylor Morrison, Ashton Woods and Wilshire Homes, with homes in a range of sizes and designs.
Location
Paloma Lake is just west of the SH 130 toll road, with access to major routes for commuters.
What Do the Homes Look Like in Paloma Lake?
Homes in Paloma Lake come in various sizes and designs, including options for first time home buyers.
- Home Features:
- Sizes range from 1,750 to 3,926 square feet
- Options between 3 to 6 bedrooms and 2 to 5 bathrooms
- Homes sit on generous lots, averaging 0.15 to 0.4 acres
- Most homes include 2 to 4-car garages
Many homes include modern kitchens with stainless steel appliances, large living spaces and outdoor areas.
The median home in Paloma Lake features 4 bedrooms, 3 bathrooms, 2,821 square feet, and sits on 0.2 acres.
What's It Like Living in Paloma Lake?
Weekends in Paloma Lake can include outdoor activities and community events.
The neighborhood is zoned to Round Rock Independent School District (RRISD) and has recreation amenities. Herrington Elementary is located within the community.
The neighborhood is a short drive from retail, restaurants and recreational attractions.
Neighborhood Amenities
Paloma Lake amenities include:
- Private Catch-and-Release Lake - Fishing and lakeside walks.
- Two Amenity Centers - Equipped with swimming pools, each center has a pool for cooling off in the summer.
- Greenbelt Hiking Trails - Hiking trails run through the greenbelt areas.
- Sports Courts and Playscapes - the community has four playscapes and two sports courts suited to basketball or tennis.
- Close to Old Settlers Park - Located less than a mile away, this expansive park offers additional opportunities to enjoy sports, events, and outdoor fun.
Where Are the Paloma Lake Community Pools?
Paloma Lake has two amenity centers, and each one has a pool. The pools are for residents only.
- Paloma Lake Amenity Center 1: 2961 St Federico Way, Round Rock, TX 78665 (residents only)
- Paloma Lake Amenity Center 2: 3185 Magellan Way, Round Rock, TX 78665 (residents only)
Why Do Home Buyers Choose Paloma Lake?
Paloma Lake has two amenity centers with pools, a private catch-and-release lake and an on-site elementary school.
Key reasons buyers prioritize Paloma Lake:
- On-site elementary school (Herrington Elementary)
- Homes by builders including Taylor Morrison, Ashton Woods and Wilshire
- Proximity to SH 130 and Highway 79 for easy commuting
- Access to shopping, dining, and outdoor recreation
How's the Commute to and From Paloma Lake?
Paloma Lake has access to major highways for commuters.
- Access to Major Highways
Paloma Lake is just minutes from SH 130 Toll Road and Highway 79, with access to downtown Austin, Georgetown and Round Rock's tech corridors.
- Time to Key Destinations
- Downtown Round Rock: ~10 minutes
- The Domain (Austin’s shopping area): ~25 minutes
- Downtown Austin: ~35 minutes
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Paloma Lake Schools
Homes in Round Rock's Paloma Lake neighborhood are zoned to the Round Rock ISD, and students will likely attend the following schools:
- Herrington Elementary - 10/10
- Hopewell Middle - 6/10
- Stony Point High - 5/10
School ratings reflect Great Schools ratings as of November 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Paloma Lake Property Tax Rate
The tax rate for Round Rock's Paloma Lake neighborhood is 1.9487% as of the 2025 tax year, up from 1.9341% as of the 2024 year. It was 2.0139% as of the 2023 tax year, down from 2.0893% as of the 2022 tax year. The property tax rate was 2.4358% as of the 2021 tax year.
Paloma Lake Deed Restrictions
Paloma Lake is a master planned community governed by a recorded Master Covenant (2007), a Development Area Declaration for each section, and the Paloma Lake Design Guidelines. The summary below covers the rules that most often come up for buyers.
Rules at a glance
- Design review: Exterior improvements, including landscaping, need written approval from the Paloma Lake Reviewer before work starts. The same home plan or brick color cannot repeat on the next two lots or across the street.
- Rentals: Allowed, with a written lease of at least 18 months. The owner gives the tenant the community documents and notifies the association within 10 days.
- Pets: Domestic household pets only, no more than four cats and dogs combined. Pets are leashed off the lot, and kennels and breeding are not allowed.
- Street and driveway parking: The association sets and enforces parking rules for streets, driveways and parking areas (a 2017 amendment replaced the original street parking rule). Confirm the current rules with the association.
- Vehicles: Boats, trailers, non-pickup trucks and similar vehicles are kept in a garage or screened from view. RVs and travel trailers are not stored in the community.
- Garages: The garage must stay a garage, with the door closed when not in use. It cannot be permanently enclosed or used for living space.
- Home exteriors: Masonry minimums apply and vary by section: for example 75% of the first floor and 50% overall in some sections, and 100% of the first floor and 75% overall in others. Street-facing walls and lots along North Red Bud Lane and Paloma Lake Boulevard have higher requirements. Brick, stucco and natural stone count, and gray masonry is not allowed. Roofing is limited to 30-year dimensional shingles in a weathered wood color. Confirm your section's masonry requirement before planning changes.
- Fences: Lots are fenced with 6-foot wood (in an approved stain) or black metal fencing. Fences sit at least 10 feet behind the front of the home and no farther forward than its midpoint. No front yard fences, and fences facing a street have capped slats.
- Setbacks and height: Front 25 feet, rear 20 feet and side 5 feet (15 feet on the street side of a corner lot), and homes are limited to 35 feet tall.
- Pools: Pools, spas and hot tubs need written approval of plans before construction. They must be in-ground, kept out of front and side yards (side yard exceptions are considered case by case), and set at least 5 feet from any property line. A black transparent mesh fence in metal frames up to 6 feet tall is pre-approved as a pool enclosure, and other enclosure styles need approval. Above-ground and temporary pools are not allowed.
- Basketball goals and play areas: Goals need written approval and placement rules apply. Sport courts and tennis courts are not allowed, and playscapes need approval and screening.
- Storage buildings and patio covers: One accessory building (such as a storage shed, cabana or garden building) is allowed with advance approval, and only once the home is built. It is limited to 10 by 12 feet (120 square feet) and 8 feet tall, built of wood or masonry (no metal or plastic), with a roof, siding and paint that match the home, and set at least 5 feet from the rear and side lot lines. The reviewer can add requirements, so confirm the current rules before buying or building one. Arbors, pergolas, decks and patio covers also need approval.
- Landscaping: A landscape plan and irrigation need approval. Front and side yards are sodded and shade trees are required, and rock cannot replace turf. Xeriscaping is allowed with an approved plan, and part of the front yard stays turf.
- Solar, antennas and flags: Solar panels and energy-efficient roofing need approval. Satellite dishes of one meter or less are allowed. US, Texas, military and one college flag are allowed, and freestanding flagpoles need approval.
- Signs: One small for-sale sign, small security and no-soliciting signs, and candidate signs around elections. Banners and window or fence signs are not allowed.
- Trash containers: Stored in the garage or out of view of the street.
- The lake: Fishing is catch and release, only non-gas powered boats are allowed, and swimming is not allowed. The board can add lake rules.
- Landscape services: Some lots are in a service area where the association handles front yard mowing and upkeep. Confirm whether your lot is included.
- Term: The covenants run into the 2050s and renew automatically in 10-year periods unless owners vote to change them.
Summary only, not legal advice. Restrictions can be amended, and some sections and lots have their own recorded restrictions. Confirm the rules for your specific lot with the title company before you make an offer.
Paloma Lake Photos
Paloma Lake Sold Data - What Paloma Lake Homes Actually Sold For
What sold recently in Paloma Lake and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Paloma Lake? How many homes are currently for sale in Paloma Lake? What’s the median sold price in Paloma Lake? What does the 90 day historic market trend look like in Paloma Lake? How’s the Paloma Lake market trending?
All of these questions (and more!) can be answered on our Paloma Lake Sold Data Report.
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Paloma Lake Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 55 |
| Bed / Bath Range | 3–5 beds, 2–5 baths |
| Median Sale Price | $504,250 |
| Price Range | $360,000 – $780,000 |
| Median Price Per Sq Ft | $187 |
| Median Home Size | 2,821 sq ft |
| Median Days on Market | 26 days |
| Sale-to-List Ratio | 99% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Paloma Lake HOA Dues
| Paloma Lake | $175 / quarterly |
Dues shown as reported and deemed reliable but not guaranteed. HOA fees, special assessments, and terms can change at any time. Buyers should confirm current dues directly with the HOA or management company before making an offer.
Paloma Lake Home Price History
Curious how home prices in Paloma Lake have trended? Here’s a five-year look at closed sales from 2022 through 2026 YTD.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 88 | $617,500 | — | $400,000–$920,500 | $239 | 2,613 sq ft | — | 9 days | 100% |
| 2023 | 47 | $540,000 | ▼ 12.6% | $375,000–$788,500 | $216 | 2,784 sq ft | — | 22 days | 99% |
| 2024 | 54 | $537,500 | ▼ 0.5% | $395,000–$805,000 | $208 | 2,763 sq ft | — | 17 days | 99% |
| 2025 | 51 | $525,000 | ▼ 2.3% | $370,000–$863,500 | $193 | 2,855 sq ft | — | 35 days | 99% |
| 2026 YTD | 42 | $492,000 | ▼ 6.3% | $360,000–$685,000 | $188 | 2,735 sq ft | 4bd/3ba | 25 days | 98% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Paloma Lake Days on Market Trend
How fast are Paloma Lake homes selling? Here's a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 88 | 9 days | 21 days |
| 2023 | 47 | 22 days | 44 days |
| 2024 | 54 | 17 days | 46 days |
| 2025 | 51 | 35 days | 53 days |
| 2026 YTD | 42 | 25 days | 46 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through October 2026. Statistics deemed reliable but not guaranteed.
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Coffee Shops, Restaurants, and Nightlife Near Paloma Lake
Nearby coffee shops and restaurants include:
- Coffee shops
- Summer Moon Coffee (Round Rock): Known for their signature Moon Milk.
- Hecho Amano Coffee (Round Rock): A café offering a handcrafted coffee experience with locally sourced ingredients.
- Black Rock Coffee Bar (Round Rock): Known for bold, flavorful brews and a drive-thru, for coffee on the go.
- Lamppost Coffee: A coffee shop for remote work or catching up with friends.
- Restaurants and bars
- Jack Allen’s Kitchen (Round Rock): Southern-inspired dishes with a Texas twist.
- B-Lux Bar and Grill (Round Rock): Known for its burgers and handcrafted shakes, this spot combines casual dining with creative, flavorful dishes.
- New Royal Kitchen (Round Rock): Serving authentic Asian cuisine with fresh ingredients and a diverse menu.
- Pflutto's Tavern (Hutto): A pub offering a mix of classic pub fare and refreshing beverages, with live music and trivia nights.
- Salt Lick BBQ (nearby): Iconic for Texas BBQ enthusiasts.
Whether you're planning a relaxed brunch or a night out, you'll find options close by.
Where Can I Work Out and Stay Active?
For fitness lovers, staying active in or near Paloma Lake is simple. Whether you prefer hitting the gym or breaking a sweat outdoors:
Local Gyms and Studios
- Crunch Fitness and Orangetheory Fitness in Round Rock offer high-energy workouts.
- CrossFit Hutto: Known for its supportive community and high-intensity functional fitness workouts, this gym caters to all fitness levels.
- Hutto Family YMCA: A versatile facility offering a wide range of activities, including group classes, swimming, and fitness equipment.
- Humble Beast Strength: A training facility specializing in strength-focused programs and personalized coaching for athletes of all levels.
Outdoor Activities
- Take advantage of the greenbelt hiking trails or Old Settlers Park for everything from jogging to kayaking.
Fun Things to Do Near Paloma Lake
There’s no shortage of entertainment and activities around Paloma Lake. Here are just a few fun ideas:
- Old Settlers Park - This 645-acre park has something for everyone, from sports fields and disc golf to playgrounds and large picnic areas.
- Kalahari Resorts & Conventions - An indoor water park just minutes away from Paloma Lake.
- Dell Diamond - Catch a Round Rock Express minor league baseball game.
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Start a New Chapter in Paloma Lake
Paloma Lake is a master planned community in east Round Rock with two amenity centers, a private catch-and-release lake and homes from 1,750 to 3,926 square feet.
Our team of experienced Paloma Lake buyer's agents can help you find a home in Paloma Lake. Contact us today to start exploring homes in the neighborhood.
Paloma Lake Deed Restriction Pros and Cons
Pros
- Written design standards that keep streets and homes consistent.
- Rentals are allowed, with an 18-month minimum lease.
- Solar panels, xeriscaping and basketball goals are allowed with approval.
- A private catch-and-release lake for fishing and lakeside walks.
- Fences are required and uniform, which keeps yards looking consistent.
Cons and trade-offs
- Exterior projects, including fences, pools and landscaping, need reviewer approval.
- The 18-month minimum lease rules out short-term rentals.
- The association enforces parking rules, and boats, trailers and RVs must be out of view.
- Tennis courts, sport courts and above-ground pools are not allowed.
- Masonry, roofing and fence materials are prescribed, and swimming in the lake is not allowed.
Who it fits
Buyers who want clear design standards, a lake setting and the flexibility to rent long term. Less of a fit for buyers who want to park an RV or boat on site, rent short term, or build a sport court.
Pros and Cons of Living in Paloma Lake
Pros
- HOA dues: Dues are $175 per quarter for the Paloma Lake HOA.
- Amenities: The neighborhood has a private catch-and-release lake, two amenity centers with pools, four playscapes, two sports courts and greenbelt hiking trails.
- Median price: The median sale price was $504,250 over the past 12 months across 55 sales, at $187 per square foot.
- Homes: Homes range from 1,750 to 3,926 square feet with 3 to 6 bedrooms, built from 2007 to 2020 by builders including Taylor Morrison, Ashton Woods and Wilshire.
- Schools: The neighborhood is zoned to Round Rock ISD: Herrington Elementary (10/10), Hopewell Middle (6/10) and Stony Point High (5/10), and Herrington Elementary is located within the community.
- Access: The neighborhood is just west of the SH 130 toll road, about 10 minutes from downtown Round Rock, 25 minutes from The Domain and 35 minutes from downtown Austin, and less than a mile from Old Settlers Park.
Cons
- The 2025 property tax rate was 1.9487%, up from 1.9341% in 2024.
- Paloma Lake HOA dues are $175 per quarter, and the pools are for residents only.
- The median sale price fell from $617,500 in 2022 to $492,000 in 2026 YTD.
- The median days on market was 35 days in 2025, up from 9 days in 2022.
- Deed restrictions require written approval for exterior projects, including fences, pools and landscaping, set an 18-month minimum lease for rentals and do not allow above-ground pools or sport courts on lots.
Who it fits: Paloma Lake fits buyers who want a master planned community with a private catch-and-release lake, two amenity centers with pools, Herrington Elementary within the community and homes from 1,750 to 3,926 square feet, with HOA dues of $175 per quarter. Who should look elsewhere: Buyers who want to rent short term, park an RV or boat on site, build a sport court or avoid exterior approval requirements may want to look elsewhere.
Frequently Asked Questions About Paloma Lake
Paloma Lake has two community pools: Amenity Center 1 at 2961 St Federico Way and Amenity Center 2 at 3185 Magellan Way, Round Rock, TX 78665. The pools are for residents only.
HOA dues in Paloma Lake are $175 per quarter. The community has two amenity centers with pools at 2961 St Federico Way and 3185 Magellan Way, and the pools are for residents only.
Paloma Lake is zoned to Round Rock ISD. Students will likely attend Herrington Elementary (10/10), Hopewell Middle (6/10) and Stony Point High (5/10). Herrington Elementary is located within the community.
The property tax rate in Paloma Lake was 1.9487% as of the 2025 tax year, up from 1.9341% in 2024. It was 2.0139% in 2023 and 2.0893% in 2022. Confirm the current rate with the Williamson County tax office before making an offer.
The median sale price in Paloma Lake over the past 12 months was $504,250 across 55 sales, at $187 per square foot. Sale prices ranged from $360,000 to $780,000, and the median home size was 2,821 square feet.
The median days on market in Paloma Lake over the past 12 months was 26 days, with a median sale-to-list ratio of 99%. The yearly median was 9 days in 2022, 22 days in 2023, 17 days in 2024, 35 days in 2025 and 25 days in 2026 YTD.
Paloma Lake is in east Round Rock, just west of the SH 130 toll road, in the 78665 zip code. The amenity centers are at 2961 St Federico Way and 3185 Magellan Way, and the neighborhood is just minutes from SH 130 and Highway 79.
Paloma Lake is governed by a recorded Master Covenant, a Development Area Declaration for each section and the Design Guidelines. They require approval for exterior projects and cover rentals, pets, parking, fences and pools. See the Deed Restrictions section above, and confirm the rules for your lot with the title company.
Yes, with a written lease of at least 18 months. The association must be notified within 10 days.
No more than four cats and dogs combined, with no kennels or breeding.
The association sets and enforces the parking rules for streets and driveways, so confirm the current rules with the association. Boats, trailers and similar vehicles must be kept in the garage or out of view.
Yes, with written approval. Pools, spas and hot tubs must be in-ground and cannot go in the front or side yard (side yard exceptions are considered case by case). Pool enclosures follow the association's policy, and above-ground and temporary pools are not allowed.
Round Rock Realtor Specializing in Paloma Lake Homes
Rebecca Jacks and Raymond Stoklosa are Round Rock Realtors specializing in Paloma Lake homes. Whether you're looking to buy or sell a home in Paloma Lake, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Paloma Lake and Selling a Home in Round Rock.
