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12912 WATER MILL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath554 sqftBuilt 1982

Property at a Glance

This home is estimated between $73,681 and $380,162, with a best estimate of $344,896. That places the property below the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$73,681 $380,162
Best Estimate
$344,896
WCAD Value
$353,006
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in R350481H - Anderson Mill Village. The estimated range of $73,681 and $380,162 should be treated as a rough guide.

Comparable Properties (5)

12911 WATER MILL CV, AUSTIN, TX 78729
0.00 mi 90% similar Same subdivision
3 bed 2 bath 1,877 sqft Built 1982
Raw Value $408,898
Adjusted Value $73,681

Adjusted -$335,217 for 1,323 sqft less living space. Net adjustment: -$335,217.

3 bed 3 bath 753 sqft Built 1989
Raw Value $429,724
Adjusted Value $380,162

Adjusted -$50,422 for 199 sqft less living space and +$860 for being newer. Net adjustment: -$49,562.

4 bed 2 bath 1,068 sqft Built 1991
Raw Value $474,025
Adjusted Value $344,896

Adjusted -$130,235 for 514 sqft less living space and +$1,106 for being newer. Net adjustment: -$129,129.

3 bed 2 bath 1,141 sqft Built 1998
Raw Value $494,090
Adjusted Value $347,324

Adjusted -$148,732 for 587 sqft less living space and +$1,966 for being newer. Net adjustment: -$146,766.

8208 ITO CV, AUSTIN, TX 78729
0.02 mi 80% similar
4 bed 2 bath 1,021 sqft Built 1994
Raw Value $455,281
Adjusted Value $338,429

Adjusted -$118,327 for 467 sqft less living space and +$1,475 for being newer. Net adjustment: -$116,852.

The Neighborhood

This home is valued 1.5% above the R350481H - Anderson Mill Village median of $347,704. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.

R350481H - Anderson Mill Village

typical
247 Properties
$347,704 Median Value
-4.9% YoY Change
1% Have Pool
98% Have Garage
This Home
$353,006
Median
$347,704

This home is +1.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,327 across all districts. With a homestead exemption claimed, that drops to $5,642 — saving $1,685 per year. That's $470 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

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$3,153
AustinCity0.5240%$1,850
Williamson CountyCounty0.3694%$1,304
Anderson Mill Limited Districtspecial0.1243%$439
Austin Community Collegespecial0.1034%$365
Williamson County FM/RdCounty0.0443%$156
Upper Brushy Creek WCIDWater0.0170%$60
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$7,327

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $344,896 would pay approximately $2,153 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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