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12900 WATER MILL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,608 sqftBuilt 1982

Property at a Glance

This home is estimated between $342,078 and $449,011, with a best estimate of $383,305. That places the property above the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$342,078 $449,011
Best Estimate
$383,305
WCAD Value
$394,059
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in R350481H - Anderson Mill Village, this home's estimated market value is between $342,078 and $449,011. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12902 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $325,535
Adjusted Value $383,305

Adjusted +$57,770 for 228 sqft more living space. Net adjustment: +$57,770.

9812 MEADOWHEATH DR, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,195 sqft Built 1982
Raw Value $344,367
Adjusted Value $449,011

Adjusted +$104,644 for 413 sqft more living space. Net adjustment: +$104,644.

12904 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,465 sqft Built 1982
Raw Value $333,040
Adjusted Value $369,273

Adjusted +$36,233 for 143 sqft more living space. Net adjustment: +$36,233.

9814 MEADOWHEATH DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $353,581
Adjusted Value $411,351

Adjusted +$57,770 for 228 sqft more living space. Net adjustment: +$57,770.

9806 MEADOWHEATH DR, AUSTIN, TX 78729
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,633 sqft Built 1982
Raw Value $348,412
Adjusted Value $342,078

Adjusted -$6,334 for 25 sqft less living space. Net adjustment: -$6,334.

The Neighborhood

This home is valued 13.3% above the R350481H - Anderson Mill Village median of $347,704. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.

R350481H - Anderson Mill Village

typical
247 Properties
$347,704 Median Value
-4.9% YoY Change
1% Have Pool
98% Have Garage
This Home
$394,059
Median
$347,704

This home is +13.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,179 across all districts. With a homestead exemption claimed, that drops to $6,443 — saving $1,736 per year. That's $537 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%$3,519
AustinCity0.5240%$2,065
Williamson CountyCounty0.3694%$1,456
Anderson Mill Limited Districtspecial0.1243%$490
Austin Community Collegespecial0.1034%$407
Williamson County FM/RdCounty0.0443%$175
Upper Brushy Creek WCIDWater0.0170%$67
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$8,179

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $383,305 would pay approximately $2,393 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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