8705-B CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $196,429 and $350,642, with a best estimate of $286,099. 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
$286,099
$199,077
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 $196,429 and $350,642 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$4,934 for 24 sqft less living space. Net adjustment: -$4,934.
Adjusted -$2,878 for 14 sqft less living space. Net adjustment: -$2,878.
Adjusted +$2,673 for 13 sqft more living space. Net adjustment: +$2,673.
Adjusted -$130,140 for 633 sqft less living space and +$60,193 for having a garage. Net adjustment: -$69,947.
Adjusted -$8,840 for 43 sqft less living space. Net adjustment: -$8,840.
The Neighborhood
This home is in line with the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
typicalThis home is -1.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,885 across all districts. With a homestead exemption claimed, that drops to $2,389 — saving $1,496 per year. That's $199 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% | $1,778 |
| Austin | City | 0.5240% | $1,043 |
| Williamson County | County | 0.3694% | $735 |
| Austin Community College | special | 0.1034% | $206 |
| Williamson County FM/Rd | County | 0.0443% | $88 |
| Upper Brushy Creek WCID | Water | 0.0170% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $3,885 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $286,099 would pay approximately $1,786 per month (principal and interest only, excluding taxes and insurance).