16302 TERRACE DR, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $237,205 and $362,814, with a best estimate of $302,880. 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
$302,880
$228,985
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 $237,205 and $362,814. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$75,931 for 352 sqft more living space and -$4,677 for being older. Net adjustment: +$71,254.
Adjusted -$20,708 for 96 sqft less living space and +$7,795 for being newer. Net adjustment: -$12,913.
Adjusted +$106,994 for 496 sqft more living space and +$6,236 for being newer. Net adjustment: +$113,230.
Adjusted +$43,143 for 200 sqft more living space and +$38,976 for being newer. Net adjustment: +$82,119.
Adjusted +$96,639 for 448 sqft more living space and -$10,913 for being older. Net adjustment: +$85,726.
The Neighborhood
This home is valued 18.6% 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 -18.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,497 across all districts. With a homestead exemption claimed, that drops to $2,204 — saving $1,293 per year. That's $184 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% | $2,045 |
| Williamson County | County | 0.3694% | $846 |
| Austin Community College | special | 0.1034% | $237 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $229 |
| Williamson County FM/Rd | County | 0.0443% | $102 |
| Upper Brushy Creek WCID | Water | 0.0170% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $3,497 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $302,880 would pay approximately $1,891 per month (principal and interest only, excluding taxes and insurance).