4005 LICORICE LN, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $255,668 and $516,241, with a best estimate of $318,304. That places the property above the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358, in a neighborhood that declined 9.6% over the past year.
Estimated Value Range
$318,304
$327,000
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN, this home's estimated market value is between $255,668 and $516,241. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,393 for 25 sqft less living space and +$1,559 for being newer. Net adjustment: -$3,834.
Adjusted +$83,481 for 387 sqft more living space and +$1,559 for being newer. Net adjustment: +$85,040.
Adjusted -$16,394 for 76 sqft less living space and +$1,559 for being newer. Net adjustment: -$14,835.
Adjusted +$142,802 for 662 sqft more living space. Net adjustment: +$142,802.
Adjusted +$2,373 for 11 sqft more living space and +$29,621 for being newer and +$5,438 for having a garage. Net adjustment: +$37,432.
The Neighborhood
This home is valued 16.2% above the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358. With 1,006 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.6% over the past year.
R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN
above averageThis home is +16.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,779 across all districts. With a homestead exemption claimed, that drops to $4,468 — saving $1,311 per year. That's $372 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% | $2,920 |
| Williamson County | County | 0.3694% | $1,208 |
| Wells Branch MUD | MUD | 0.2400% | $785 |
| Austin Community College | special | 0.1034% | $338 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7672% | $5,779 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,304 would pay approximately $1,987 per month (principal and interest only, excluding taxes and insurance).