8703 SPARTA LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $278,200 and $525,867, with a best estimate of $398,731. That places the property below 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
$398,731
$405,461
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R371378G - FOREST NORTH PHS 3-5. The estimated range of $278,200 and $525,867 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$15,461 for 65 sqft less living space and +$1,696 for being newer. Net adjustment: -$13,765.
Adjusted -$23,786 for 100 sqft less living space. Net adjustment: -$23,786.
Adjusted +$53,994 for 227 sqft more living space and +$698 for being newer. Net adjustment: +$54,692.
Adjusted -$32,111 for 135 sqft less living space and -$200 for being older. Net adjustment: -$32,311.
Adjusted -$4,281 for 18 sqft less living space and +$1,995 for being newer. Net adjustment: -$2,286.
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 $7,912 across all districts. With a homestead exemption claimed, that drops to $6,162 — saving $1,750 per year. That's $514 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% | $3,621 |
| Austin | City | 0.5240% | $2,125 |
| Williamson County | County | 0.3694% | $1,498 |
| 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% | $7,912 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,731 would pay approximately $2,489 per month (principal and interest only, excluding taxes and insurance).