8705 BLACK OAK ST, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $328,844 and $426,345, with a best estimate of $371,700. That places the property below the R371378G - FOREST NORTH PHS 3-5 median of $421,794, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$371,700
$348,209
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R371378G - FOREST NORTH PHS 3-5, this home's estimated market value is between $328,844 and $426,345. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,849 for 33 sqft more living space. Net adjustment: +$7,849.
Adjusted -$22,121 for 93 sqft less living space. Net adjustment: -$22,121.
Adjusted -$32,349 for 136 sqft less living space. Net adjustment: -$32,349.
Adjusted -$61,606 for 259 sqft less living space. Net adjustment: -$61,606.
Adjusted +$4,281 for 18 sqft more living space. Net adjustment: +$4,281.
The Neighborhood
This home is valued 17.4% below the R371378G - FOREST NORTH PHS 3-5 median of $421,794. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
R371378G - FOREST NORTH PHS 3-5
below averageThis home is -17.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,795 across all districts. With a homestead exemption claimed, that drops to $5,115 — saving $1,680 per year. That's $426 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% | $3,110 |
| Austin | City | 0.5240% | $1,825 |
| Williamson County | County | 0.3694% | $1,286 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $6,795 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $371,700 would pay approximately $2,320 per month (principal and interest only, excluding taxes and insurance).