8228 LULING LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $453,623 and $709,309, with a best estimate of $627,371. 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
$627,371
$475,513
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R392593F - Milwood. The estimated range of $453,623 and $709,309 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$8,821 for 22 sqft less living space and -$3,696 for being older. Net adjustment: -$12,517.
Adjusted +$802 for 2 sqft more living space. Net adjustment: +$802.
Adjusted -$51,725 for 129 sqft less living space and +$12,937 for being newer. Net adjustment: -$38,788.
Adjusted -$41,701 for 104 sqft less living space and +$12,937 for being newer. Net adjustment: -$28,764.
Adjusted +$69,769 for 174 sqft more living space and +$12,937 for being newer. Net adjustment: +$82,706.
The Neighborhood
This home is valued 5.5% above the R392593F - Milwood median of $450,810. With 1,330 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.2% over the past year.
R392593F - Milwood
typicalThis home is +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,292 across all districts. With a homestead exemption claimed, that drops to $6,954 — saving $1,338 per year. That's $580 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% | $4,247 |
| Williamson County | County | 0.3694% | $1,757 |
| North Austin MUD #1 | MUD | 0.2165% | $1,029 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $8,292 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $627,371 would pay approximately $3,916 per month (principal and interest only, excluding taxes and insurance).