8702 SPARTA LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $445,385 and $583,191, with a best estimate of $465,306. That places the property above 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
$465,306
$402,954
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R371378G - FOREST NORTH PHS 3-5. The estimated range of $445,385 and $583,191 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$41,863 for 176 sqft more living space and +$1,696 for being newer. Net adjustment: +$43,559.
Adjusted +$33,538 for 141 sqft more living space. Net adjustment: +$33,538.
Adjusted -$44,480 for 187 sqft less living space and +$1,895 for being newer. Net adjustment: -$42,585.
Adjusted -$46,383 for 195 sqft less living space and +$1,995 for being newer. Net adjustment: -$44,388.
Adjusted +$53,043 for 223 sqft more living space and +$1,995 for being newer. Net adjustment: +$55,038.
The Neighborhood
This home is valued 4.5% 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
typicalThis home is -4.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,863 across all districts. With a homestead exemption claimed, that drops to $6,116 — saving $1,747 per year. That's $510 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% | $3,599 |
| Austin | City | 0.5240% | $2,112 |
| Williamson County | County | 0.3694% | $1,489 |
| Austin Community College | special | 0.1034% | $417 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $7,863 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $465,306 would pay approximately $2,904 per month (principal and interest only, excluding taxes and insurance).