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16207 TERRACE DR, AUSTIN, TX 78728

AUSTIN, 78728 — williamson County

3 bed1 bath1,696 sqftBuilt 1970

Property at a Glance

This home is estimated between $151,239 and $348,615, with a best estimate of $241,898. That places the property below 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

$151,239 $348,615
Best Estimate
$241,898
WCAD Value
$250,118
High Confidence

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 $151,239 and $348,615. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

16302 TERRACE DR, AUSTIN, TX 78728
0.07 mi 100% similar Same subdivision
2 bed 1 bath 1,600 sqft Built 1975
Raw Value $228,985
Adjusted Value $241,898

Adjusted +$20,708 for 96 sqft more living space and -$7,795 for being older. Net adjustment: +$12,913.

16206 PARKVIEW DR, AUSTIN, TX 78728
0.09 mi 100% similar Same subdivision
3 bed 1 bath 1,960 sqft Built 1960
Raw Value $345,354
Adjusted Value $303,996

Adjusted -$56,948 for 264 sqft less living space and +$15,590 for being newer. Net adjustment: -$41,358.

16201 PARKVIEW DR, AUSTIN, TX 78728
0.13 mi 100% similar Same subdivision
3 bed 1 bath 1,568 sqft Built 1968
Raw Value $323,324
Adjusted Value $348,615

Adjusted +$27,611 for 128 sqft more living space and +$3,118 for being newer and -$5,438 for no garage. Net adjustment: +$25,291.

16408 TERRACE DR, AUSTIN, TX 78728
0.22 mi 100% similar Same subdivision
2 bed 1 bath 2,044 sqft Built 1975
Raw Value $234,102
Adjusted Value $151,239

Adjusted -$75,068 for 348 sqft less living space and -$7,795 for being older. Net adjustment: -$82,863.

16209 HILLSIDE DR, AUSTIN, TX 78728
0.07 mi 100% similar Same subdivision
2 bed 1 bath 1,806 sqft Built 1950
Raw Value $226,237
Adjusted Value $233,689

Adjusted -$23,728 for 110 sqft less living space and +$31,180 for being newer. Net adjustment: +$7,452.

The Neighborhood

This home is valued 11.1% below the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.6% over the past year.

R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN

typical
1,006 Properties
$281,358 Median Value
-9.6% YoY Change
2% Have Pool
84% Have Garage
This Home
$250,118
Median
$281,358

This home is -11.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,820 across all districts. With a homestead exemption claimed, that drops to $2,523 — saving $1,297 per year. That's $210 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

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$2,234
Williamson CountyCounty0.3694%$924
Austin Community Collegespecial0.1034%$259
Williamson County ESD #9 - Round RockESD0.0999%$250
Williamson County FM/RdCounty0.0443%$111
Upper Brushy Creek WCIDWater0.0170%$43
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5272%$3,820

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $241,898 would pay approximately $1,510 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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