8705-A CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $195,345 and $458,299, with a best estimate of $268,049. 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
$268,049
$197,347
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $195,345 and $458,299. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$2,878 for 14 sqft less living space. Net adjustment: -$2,878.
Adjusted +$21,382 for 104 sqft more living space. Net adjustment: +$21,382.
Adjusted -$4,934 for 24 sqft less living space. Net adjustment: -$4,934.
Adjusted +$822 for 4 sqft more living space. Net adjustment: +$822.
Adjusted +$7,401 for 36 sqft more living space. Net adjustment: +$7,401.
The Neighborhood
This home is valued 1.8% below the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
typicalThis home is -1.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,851 across all districts. With a homestead exemption claimed, that drops to $2,357 — saving $1,494 per year. That's $196 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% | $1,763 |
| Austin | City | 0.5240% | $1,034 |
| Williamson County | County | 0.3694% | $729 |
| Austin Community College | special | 0.1034% | $204 |
| Williamson County FM/Rd | County | 0.0443% | $87 |
| Upper Brushy Creek WCID | Water | 0.0170% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $3,851 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,049 would pay approximately $1,673 per month (principal and interest only, excluding taxes and insurance).