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12907 WATER MILL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,312 sqftBuilt 1982

Property at a Glance

This home is estimated between $318,204 and $341,645, with a best estimate of $322,307. 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

$318,204 $341,645
Best Estimate
$322,307
WCAD Value
$411,120
High Confidence

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

Based on 5 comparable properties in R350481H - Anderson Mill Village, this home's estimated market value is between $318,204 and $341,645. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12905 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,412 sqft Built 1982
Raw Value $366,983
Adjusted Value $341,645

Adjusted -$25,338 for 100 sqft less living space. Net adjustment: -$25,338.

12909 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,337 sqft Built 1982
Raw Value $324,538
Adjusted Value $318,204

Adjusted -$6,334 for 25 sqft less living space. Net adjustment: -$6,334.

12903 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $339,537
Adjusted Value $322,307

Adjusted -$17,230 for 68 sqft less living space. Net adjustment: -$17,230.

12908 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
2 bed 2 bath 1,337 sqft Built 1982
Raw Value $337,854
Adjusted Value $331,520

Adjusted -$6,334 for 25 sqft less living space. Net adjustment: -$6,334.

12906 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $319,148

This comparable closely matches the subject property's features.

The Neighborhood

This home is valued 18.2% 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

above average
247 Properties
$347,704 Median Value
-4.9% YoY Change
1% Have Pool
98% Have Garage
This Home
$411,120
Median
$347,704

This home is +18.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,533 across all districts. With a homestead exemption claimed, that drops to $6,776 — saving $1,757 per year. That's $565 per month a buyer should budget. The assessed value increased +3.0% vs the subdivision average of -4.9%. This above-average increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$3,672
AustinCity0.5240%$2,154
Williamson CountyCounty0.3694%$1,519
Anderson Mill Limited Districtspecial0.1243%$511
Austin Community Collegespecial0.1034%$425
Williamson County FM/RdCounty0.0443%$182
Upper Brushy Creek WCIDWater0.0170%$70
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$8,533
40 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $322,307 would pay approximately $2,012 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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