11516 READING WAY, AUSTIN, TX 78717
AUSTIN, 78717 — williamson County
Property at a Glance
This home is estimated between $223,490 and $543,195, with a best estimate of $419,517. That places the property below the L591503E - AVERY RANCH FAR WEST PH 1 median of $483,591, in a neighborhood that declined 4.9% over the past year.
Estimated Value Range
$419,517
$669,634
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L591503E - AVERY RANCH FAR WEST PH 1, this home's estimated market value is between $223,490 and $543,195. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$248,219 for 600 sqft less living space and -$2,422 for being older. Net adjustment: -$250,641.
Adjusted -$202,299 for 489 sqft less living space and -$2,422 for being older. Net adjustment: -$204,721.
Adjusted -$205,608 for 497 sqft less living space and -$2,422 for being older. Net adjustment: -$208,030.
Adjusted -$77,775 for 188 sqft less living space. Net adjustment: -$77,775.
Adjusted -$248,219 for 600 sqft less living space and -$2,422 for being older. Net adjustment: -$250,641.
The Neighborhood
This home is valued 38.5% above the L591503E - AVERY RANCH FAR WEST PH 1 median of $483,591. With 1,612 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.
L591503E - AVERY RANCH FAR WEST PH 1
above averageThis home is +38.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,364 across all districts. With a homestead exemption claimed, that drops to $12,017 — saving $2,347 per year. That's $1,001 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,278 |
| Austin | City | 0.5240% | $3,509 |
| Williamson County | County | 0.3694% | $2,474 |
| Austin Community College | special | 0.1034% | $692 |
| Williamson County FM/Rd | County | 0.0443% | $297 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Road District (R02) | Road | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1451% | $14,364 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,517 would pay approximately $2,619 per month (principal and interest only, excluding taxes and insurance).