12704 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $338,038 and $382,825, with a best estimate of $364,506. That places the property above the R390485G - Milwood Sec 28 & 29 median of $335,104, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$364,506
$405,883
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R390485G - Milwood Sec 28 & 29, this home's estimated market value is between $338,038 and $382,825. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,152 for 19 sqft less living space and -$19,889 for being older. Net adjustment: -$29,041.
Adjusted -$56,356 for 117 sqft less living space. Net adjustment: -$56,356.
Adjusted +$3,372 for 7 sqft more living space and -$9,945 for being older. Net adjustment: -$6,573.
This comparable closely matches the subject property's features.
Adjusted +$3,372 for 7 sqft more living space and -$9,945 for being older. Net adjustment: -$6,573.
The Neighborhood
This home is valued 21.1% above the R390485G - Milwood Sec 28 & 29 median of $335,104. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
R390485G - Milwood Sec 28 & 29
above averageThis home is +21.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,078 across all districts. With a homestead exemption claimed, that drops to $5,752 — saving $1,326 per year. That's $479 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% | $3,625 |
| Williamson County | County | 0.3694% | $1,500 |
| North Austin MUD #1 | MUD | 0.2165% | $879 |
| Austin Community College | special | 0.1034% | $420 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $406 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $7,078 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $364,506 would pay approximately $2,275 per month (principal and interest only, excluding taxes and insurance).