8701 BLACK OAK ST, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $287,214 and $444,860, with a best estimate of $367,419. That places the property below the R371378G - FOREST NORTH PHS 3-5 median of $421,794, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$367,419
$347,355
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R371378G - FOREST NORTH PHS 3-5, this home's estimated market value is between $287,214 and $444,860. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$117,978 for 496 sqft less living space. Net adjustment: -$117,978.
Adjusted -$66,839 for 281 sqft less living space and +$1,895 for being newer. Net adjustment: -$64,944.
Adjusted -$26,402 for 111 sqft less living space. Net adjustment: -$26,402.
Adjusted -$4,281 for 18 sqft less living space. Net adjustment: -$4,281.
Adjusted +$3,568 for 15 sqft more living space. Net adjustment: +$3,568.
The Neighborhood
This home is valued 17.6% below the R371378G - FOREST NORTH PHS 3-5 median of $421,794. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
R371378G - FOREST NORTH PHS 3-5
below averageThis home is -17.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,778 across all districts. With a homestead exemption claimed, that drops to $5,099 — saving $1,679 per year. That's $425 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% | $3,102 |
| Austin | City | 0.5240% | $1,820 |
| Williamson County | County | 0.3694% | $1,283 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $6,778 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,419 would pay approximately $2,293 per month (principal and interest only, excluding taxes and insurance).