4008 LICORICE LN, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $230,624 and $423,896, with a best estimate of $234,387. That places the property below 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
$234,387
$431,201
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN, this home's estimated market value is between $230,624 and $423,896. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$88,874 for 412 sqft less living space. Net adjustment: -$88,874.
Adjusted -$83,481 for 387 sqft less living space and -$1,559 for being older. Net adjustment: -$85,040.
Adjusted -$99,875 for 463 sqft less living space. Net adjustment: -$99,875.
Adjusted +$59,321 for 275 sqft more living space and -$1,559 for being older. Net adjustment: +$57,762.
Adjusted -$29,984 for 139 sqft less living space and -$14,031 for being older and +$5,438 for having a garage. Net adjustment: -$38,577.
The Neighborhood
This home is valued 53.3% 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
outlier highThis home is +53.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,620 across all districts. With a homestead exemption claimed, that drops to $6,290 — saving $1,330 per year. That's $524 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% | $3,851 |
| Williamson County | County | 0.3694% | $1,593 |
| Wells Branch MUD | MUD | 0.2400% | $1,035 |
| Austin Community College | special | 0.1034% | $446 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $431 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7672% | $7,620 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $234,387 would pay approximately $1,463 per month (principal and interest only, excluding taxes and insurance).