4118 LICORICE LN, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $425,270 and $570,884, with a best estimate of $557,059. That places the property above the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358, in a neighborhood that declined 9.6% over the past year.
Estimated Value Range
$557,059
$326,049
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN. The estimated range of $425,270 and $570,884 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$61,262 for 284 sqft less living space. Net adjustment: -$61,262.
Adjusted +$30,847 for 143 sqft more living space and -$3,118 for being older. Net adjustment: +$27,729.
Adjusted +$28,906 for 134 sqft more living space. Net adjustment: +$28,906.
Adjusted -$59,537 for 276 sqft less living space and +$1,559 for being newer. Net adjustment: -$57,978.
Adjusted +$18,767 for 87 sqft more living space and +$4,677 for being newer. Net adjustment: +$23,444.
The Neighborhood
This home is valued 15.9% above the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358. With 1,006 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.6% over the past year.
R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN
above averageThis home is +15.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,762 across all districts. With a homestead exemption claimed, that drops to $4,451 — saving $1,311 per year. That's $371 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% | $2,912 |
| Williamson County | County | 0.3694% | $1,205 |
| Wells Branch MUD | MUD | 0.2400% | $783 |
| Austin Community College | special | 0.1034% | $337 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $326 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7672% | $5,762 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,059 would pay approximately $3,477 per month (principal and interest only, excluding taxes and insurance).