16308 HORSE TRAP LN, AUSTIN, TX 78717
AUSTIN, 78717 — williamson County
Property at a Glance
This home is estimated between $797,302 and $1,646,671, with a best estimate of $1,048,663. That places the property below the R257616A - HERITAGE AT PEARSON RANCH median of $1,253,608, in a neighborhood that declined 2.6% over the past year.
Estimated Value Range
$1,048,663
$1,068,996
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R257616A - HERITAGE AT PEARSON RANCH. The estimated range of $797,302 and $1,646,671 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$116,239 for 258 sqft more living space and +$34 for being newer. Net adjustment: +$116,273.
Adjusted +$273,476 for 607 sqft more living space and +$239 for being newer. Net adjustment: +$273,715.
Adjusted +$89,206 for 198 sqft more living space and +$717 for being newer. Net adjustment: +$89,923.
Adjusted +$370,342 for 822 sqft more living space and +$68 for being newer. Net adjustment: +$370,410.
Adjusted +$311,321 for 691 sqft more living space and +$546 for being newer. Net adjustment: +$311,867.
The Neighborhood
This home is valued 14.7% below the R257616A - HERITAGE AT PEARSON RANCH median of $1,253,608. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.6% over the past year.
R257616A - HERITAGE AT PEARSON RANCH
typicalThis home is -14.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $20,859 across all districts. With a homestead exemption claimed, that drops to $18,291 — saving $2,568 per year. That's $1,524 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% | $9,547 |
| Austin | City | 0.5240% | $5,602 |
| Williamson County | County | 0.3694% | $3,949 |
| Austin Community College | special | 0.1034% | $1,105 |
| Williamson County FM/Rd | County | 0.0443% | $474 |
| Upper Brushy Creek WCID | Water | 0.0170% | $182 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $20,859 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,048,663 would pay approximately $6,546 per month (principal and interest only, excluding taxes and insurance).