8703 BLACK OAK ST, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $442,541 and $540,042, with a best estimate of $488,589. 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
$488,589
$405,192
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R371378G - FOREST NORTH PHS 3-5, this home's estimated market value is between $442,541 and $540,042. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$117,978 for 496 sqft more living space. Net adjustment: +$117,978.
Adjusted +$91,576 for 385 sqft more living space. Net adjustment: +$91,576.
Adjusted +$81,348 for 342 sqft more living space. Net adjustment: +$81,348.
Adjusted +$52,091 for 219 sqft more living space. Net adjustment: +$52,091.
Adjusted +$118,930 for 500 sqft more living space. Net adjustment: +$118,930.
The Neighborhood
This home is valued 3.9% 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 -3.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,906 across all districts. With a homestead exemption claimed, that drops to $6,157 — saving $1,749 per year. That's $513 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% | $3,619 |
| Austin | City | 0.5240% | $2,123 |
| Williamson County | County | 0.3694% | $1,497 |
| Austin Community College | special | 0.1034% | $419 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $7,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $488,589 would pay approximately $3,050 per month (principal and interest only, excluding taxes and insurance).