7001 BANCROFT WOODS DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $408,471 and $526,983, with a best estimate of $508,421. That places the property above the R392593F - Milwood median of $450,810, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$508,421
$433,029
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R392593F - Milwood, this home's estimated market value is between $408,471 and $526,983. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$82,199 for 205 sqft more living space. Net adjustment: +$82,199.
Adjusted +$76,586 for 191 sqft more living space. Net adjustment: +$76,586.
Adjusted +$107,460 for 268 sqft more living space and -$1,848 for being older. Net adjustment: +$105,612.
Adjusted +$66,962 for 167 sqft more living space and -$1,848 for being older. Net adjustment: +$65,114.
Adjusted -$21,652 for 54 sqft less living space and -$3,696 for being older. Net adjustment: -$25,348.
The Neighborhood
This home is valued 3.9% below the R392593F - Milwood median of $450,810. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R392593F - Milwood
typicalThis home is -3.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,450 across all districts. With a homestead exemption claimed, that drops to $6,666 — saving $1,784 per year. That's $556 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% | $3,867 |
| Austin | City | 0.5240% | $2,269 |
| Williamson County | County | 0.3694% | $1,600 |
| Austin Community College | special | 0.1034% | $448 |
| Williamson County FM/Rd | County | 0.0443% | $192 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $8,450 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $508,421 would pay approximately $3,174 per month (principal and interest only, excluding taxes and insurance).