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12906 WATER WHEEL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,312 sqftBuilt 1982

Property at a Glance

This home is estimated between $272,500 and $411,120, with a best estimate of $331,520. That places the property below the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$272,500 $411,120
Best Estimate
$331,520
WCAD Value
$319,148
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 $272,500 and $411,120. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12904 WATER WHEEL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,594 sqft Built 1982
Raw Value $343,952
Adjusted Value $272,500

Adjusted -$71,452 for 282 sqft less living space. Net adjustment: -$71,452.

12908 WATER WHEEL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
2 bed 2 bath 1,337 sqft Built 1982
Raw Value $337,854
Adjusted Value $331,520

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

12902 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
2 bed 2 bath 1,337 sqft Built 1982
Raw Value $350,813
Adjusted Value $344,479

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

12907 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $411,120
Adjusted Value $411,120

This comparable closely matches the subject property's features.

12909 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,337 sqft Built 1982
Raw Value $324,538
Adjusted Value $318,204

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

The Neighborhood

This home is valued 8.2% below the R350481H - Anderson Mill Village median of $347,704. That positions it competitively for buyers comparing within the neighborhood. 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
$319,148
Median
$347,704

This home is -8.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,624 across all districts. With a homestead exemption claimed, that drops to $4,981 — saving $1,643 per year. That's $415 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%$2,850
AustinCity0.5240%$1,672
Williamson CountyCounty0.3694%$1,179
Anderson Mill Limited Districtspecial0.1243%$397
Austin Community Collegespecial0.1034%$330
Williamson County FM/RdCounty0.0443%$141
Upper Brushy Creek WCIDWater0.0170%$54
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$6,624

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $331,520 would pay approximately $2,069 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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