16407 TERRACE DR, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $155,282 and $202,222, with a best estimate of $173,646. 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
$173,646
$210,460
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 $155,282 and $202,222. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$51,771 for 240 sqft less living space and -$7,795 for being older and +$5,438 for having a garage. Net adjustment: -$54,128.
Adjusted -$83,697 for 388 sqft less living space and -$7,795 for being older and +$5,438 for having a garage. Net adjustment: -$86,054.
Adjusted +$12,943 for 60 sqft more living space and -$26,503 for being older and +$5,438 for having a garage. Net adjustment: -$8,122.
Adjusted -$44,868 for 208 sqft less living space and -$7,795 for being older and +$5,438 for having a garage. Net adjustment: -$47,225.
Adjusted -$51,771 for 240 sqft less living space and -$7,795 for being older and +$5,438 for having a garage. Net adjustment: -$54,128.
The Neighborhood
This home is valued 25.2% below the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.6% over the past year.
R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN
below averageThis home is -25.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,214 across all districts. With a homestead exemption claimed, that drops to $1,925 — saving $1,289 per year. That's $160 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% | $1,880 |
| Williamson County | County | 0.3694% | $778 |
| Austin Community College | special | 0.1034% | $218 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $210 |
| Williamson County FM/Rd | County | 0.0443% | $93 |
| Upper Brushy Creek WCID | Water | 0.0170% | $36 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $3,214 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $173,646 would pay approximately $1,084 per month (principal and interest only, excluding taxes and insurance).