Round Rock neighborhood guide
Paloma Lake, Round Rock, Texas
In east Round Rock just west of SH 130, Paloma Lake is a master planned community built around a private catch and release lake, with two pool centers, miles of trails and an elementary school inside the neighborhood.
A newer community built around a lake
Homes in Paloma Lake were built from 2007 until the neighborhood was completed around 2020, as reported, by builders including Taylor Morrison, David Weekley, Ashton Woods, Wilshire, Pulte and Grand Haven. That makes it one of Round Rock’s newer established neighborhoods, with modern floor plans and amenities that are still fairly new.
A range of sizes
Homes run from about 1,750 to nearly 4,000 square feet, as reported, with three to six bedrooms, so the neighborhood suits first time buyers and growing households alike.
Newer floor plans
Open kitchens, flex rooms, home offices and downstairs guest suites are common, reflecting the years the homes were built.
Close to Old Settlers Park
The city’s largest park sits less than a mile away, as reported, with sports fields, disc golf and room to roam.
Pictured above: a calm Texas lake, shown for illustration. Photo by Richard R on Unsplash.
Amenities and nearby
The lake, two pools and miles of trails
Paloma Lake’s amenities are spread around the neighborhood, and SH 130 and US 79 make it easy to reach the rest of Round Rock, Hutto and Georgetown.
- The lake for catch and release fishing, with a lakeside amenity center and fishing pier, as reported.
- Two pool and amenity centers, plus a splash pad and playgrounds.
- Sports courts for basketball, tennis and pickleball, and sand volleyball, as reported.
- Greenbelt trails that wind through the neighborhood.
- Old Settlers Park, Dell Diamond, Kalahari Resort and Round Rock Premium Outlets a short drive away.
Amenities, lake rules and access are set by the HOA and may change. Buyers should confirm current details with the Paloma Lake HOA.
Good to know
A MUD and an HOA
Paloma Lake is served by a municipal utility district, so homes here pay a MUD tax as part of their total property tax rate. That is common in newer Central Texas communities, and it is worth including in any monthly cost comparison.
The neighborhood also has a mandatory HOA, with dues reported at about $175 a quarter.
Buyers should verify city limits status, MUD taxes, HOA dues and deed restrictions for any home they are considering.
Price points
What homes cost in Paloma Lake
Prices vary with size, lot and location in the neighborhood. Recent recorded sales have run from the high $300,000s to the high $700,000s.
The typical home sold here is around 2,850 square feet with four bedrooms, as reported.
Market figures, dues and tax rates are from third party sources as of 2026, may be incomplete, are not guaranteed and change often. Sales that were not recorded in the MLS are not included. Buyers should verify HOA dues, MUD taxes and the total tax rate for any home they are considering.
Schools
Which schools serve Paloma Lake
Paloma Lake is in Round Rock ISD, with an elementary school inside the neighborhood. Zoning can change, so families should always check the address they are considering.
- Herrington Elementary is commonly listed for the neighborhood.
- Hopewell Middle School is commonly listed for the neighborhood.
- Stony Point High School is commonly listed for the neighborhood.
Buyers should verify the schools for any address they are considering on the Round Rock ISD website.
Buying or selling in Paloma Lake
Local guidance from a longtime Round Rock family
Ursula lived in Round Rock for twenty years and spent more than two decades in new home sales, so she knows how communities like Paloma Lake were built and sold. Thence House Group works every transaction together. We compare floor plans, builders, lot placement, HOA dues and MUD taxes side by side, and we look closely at builder warranties and the condition of systems in homes that are now ten to nearly twenty years old. For sellers, homes near the lake, pools or greenbelt stand out. We help with both sides.
Want to find out more about Paloma Lake?
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Paloma Lake questions
Where is Paloma Lake in Round Rock?
Paloma Lake is in east Round Rock, just west of SH 130, with Round Rock addresses in ZIP code 78665. Old Settlers Park is less than a mile away, as reported.
Can you fish in Paloma Lake?
Yes. The lake is reported to be private to residents and open for catch and release fishing, with a lakeside amenity center. Lake rules are set by the HOA, so residents should check current rules.
Does Paloma Lake have an HOA and a MUD?
Yes. Paloma Lake has a mandatory HOA, with dues reported at about $175 a quarter, and it is served by a municipal utility district, so the total tax rate includes a MUD tax. Buyers should verify current dues and tax rates.
When was Paloma Lake built?
Homes in Paloma Lake were built from 2007 until the neighborhood was completed around 2020, as reported, by builders including Taylor Morrison, David Weekley and Wilshire.
What schools serve Paloma Lake?
Paloma Lake is in Round Rock ISD, with Herrington Elementary, Hopewell Middle School and Stony Point High School commonly listed. Boundaries can change, so buyers should verify the schools for any address they are considering.
How much do homes cost in Paloma Lake?
Unlock MLS data reported by a third party shows a median sale price of about $510,000 over the 12 months ending August 2026, at about $190 per square foot, with recent recorded sales from the high $300,000s to the high $700,000s.
Keep exploring
More to explore
Curious about Paloma Lake?
Whether you are looking for a newer home near the lake or thinking about selling, we are happy to talk through the next sensible step.
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