12905 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $355,367 and $434,618, with a best estimate of $394,063. That places the property above the R390485G - Milwood Sec 28 & 29 median of $335,104, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$394,063
$378,357
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R390485G - Milwood Sec 28 & 29, this home's estimated market value is between $355,367 and $434,618. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$32,754 for 68 sqft more living space and +$19,889 for being newer. Net adjustment: +$52,643.
Adjusted -$34,681 for 72 sqft less living space. Net adjustment: -$34,681.
Adjusted -$7,225 for 15 sqft less living space and +$9,945 for being newer. Net adjustment: +$2,720.
Adjusted +$39,979 for 83 sqft more living space and +$49,723 for being newer. Net adjustment: +$89,702.
Adjusted -$9,634 for 20 sqft less living space and +$9,945 for being newer. Net adjustment: +$311.
The Neighborhood
This home is valued 12.9% above the R390485G - Milwood Sec 28 & 29 median of $335,104. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
R390485G - Milwood Sec 28 & 29
typicalThis home is +12.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,598 across all districts. With a homestead exemption claimed, that drops to $5,277 — saving $1,321 per year. That's $440 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% | $3,379 |
| Williamson County | County | 0.3694% | $1,398 |
| North Austin MUD #1 | MUD | 0.2165% | $819 |
| Austin Community College | special | 0.1034% | $391 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $378 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $6,598 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $394,063 would pay approximately $2,460 per month (principal and interest only, excluding taxes and insurance).