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12902 WATER WHEEL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

2 bed2 bath1,337 sqftBuilt 1982

Property at a Glance

This home is estimated between $278,834 and $458,263, with a best estimate of $324,154. That places the property below the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$278,834 $458,263
Best Estimate
$324,154
WCAD Value
$350,813
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in R350481H - Anderson Mill Village, this home's estimated market value is between $278,834 and $458,263. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12904 WATER WHEEL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,594 sqft Built 1982
Raw Value $343,952
Adjusted Value $278,834

Adjusted -$65,118 for 257 sqft less living space. Net adjustment: -$65,118.

9800 MEADOWHEATH DR, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,590 sqft Built 1982
Raw Value $343,730
Adjusted Value $279,626

Adjusted -$64,104 for 253 sqft less living space. Net adjustment: -$64,104.

9802 MEADOWHEATH DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $317,820
Adjusted Value $324,154

Adjusted +$6,334 for 25 sqft more living space. Net adjustment: +$6,334.

12906 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $325,482

Adjusted +$6,334 for 25 sqft more living space. Net adjustment: +$6,334.

9804 MEADOWHEATH DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,212 sqft Built 1982
Raw Value $432,826
Adjusted Value $458,263

Adjusted +$31,672 for 125 sqft more living space and -$6,235 for no pool. Net adjustment: +$25,437.

The Neighborhood

This home is in line with the R350481H - Anderson Mill Village median of $347,704. Note that values in this subdivision declined 4.9% over the past year.

R350481H - Anderson Mill Village

typical
247 Properties
$347,704 Median Value
-4.9% YoY Change
1% Have Pool
98% Have Garage
This Home
$350,813
Median
$347,704

This home is +0.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,282 across all districts. With a homestead exemption claimed, that drops to $5,599 — saving $1,683 per year. That's $467 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

DistrictTypeRateAnnual Amount
Round Rock ISDSchool0.8931%$3,133
AustinCity0.5240%$1,838
Williamson CountyCounty0.3694%$1,296
Anderson Mill Limited Districtspecial0.1243%$436
Austin Community Collegespecial0.1034%$363
Williamson County FM/RdCounty0.0443%$156
Upper Brushy Creek WCIDWater0.0170%$60
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$7,282

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $324,154 would pay approximately $2,023 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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