16507 TERRACE DR, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $326,946 and $395,583, with a best estimate of $367,698. 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
$367,698
$244,941
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $326,946 and $395,583. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$81,539 for 378 sqft more living space and +$15,590 for being newer and -$5,438 for no garage. Net adjustment: +$91,691.
Adjusted +$177,963 for 825 sqft more living space and -$7,795 for being older. Net adjustment: +$170,168.
Adjusted +$170,197 for 789 sqft more living space and -$21,826 for being older. Net adjustment: +$148,371.
Adjusted +$137,409 for 637 sqft more living space and -$54,566 for being older. Net adjustment: +$82,843.
Adjusted +$50,477 for 234 sqft more living space and -$76,392 for being older and -$5,438 for no garage. Net adjustment: -$31,353.
The Neighborhood
This home is valued 12.9% 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
typicalThis home is -12.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,741 across all districts. With a homestead exemption claimed, that drops to $2,445 — saving $1,296 per year. That's $204 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% | $2,188 |
| Williamson County | County | 0.3694% | $905 |
| Austin Community College | special | 0.1034% | $253 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $245 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $3,741 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,698 would pay approximately $2,295 per month (principal and interest only, excluding taxes and insurance).