8706-B CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $175,047 and $415,028, with a best estimate of $312,399. That places the property above the R373O - Springwoods Condos Ph 1 & 2 median of $200,992, in a neighborhood that declined 23.7% over the past year.
Estimated Value Range
$312,399
$246,347
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R373O - Springwoods Condos Ph 1 & 2. The estimated range of $175,047 and $415,028 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$26,316 for 128 sqft less living space. Net adjustment: -$26,316.
Adjusted -$24,260 for 118 sqft less living space. Net adjustment: -$24,260.
Adjusted +$4,112 for 20 sqft more living space. Net adjustment: +$4,112.
Adjusted -$18,709 for 91 sqft less living space. Net adjustment: -$18,709.
Adjusted -$151,522 for 737 sqft less living space and +$60,193 for having a garage. Net adjustment: -$91,329.
The Neighborhood
This home is valued 22.6% above the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. With 26 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
above averageThis home is +22.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,807 across all districts. With a homestead exemption claimed, that drops to $3,253 — saving $1,554 per year. That's $271 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% | $2,200 |
| Austin | City | 0.5240% | $1,291 |
| Williamson County | County | 0.3694% | $910 |
| Austin Community College | special | 0.1034% | $255 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $4,807 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,399 would pay approximately $1,950 per month (principal and interest only, excluding taxes and insurance).