8700 SPARTA LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $462,189 and $594,252, with a best estimate of $533,461. That places the property above the R371378G - FOREST NORTH PHS 3-5 median of $421,794, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$533,461
$553,921
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R371378G - FOREST NORTH PHS 3-5. The estimated range of $462,189 and $594,252 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$171,735 for 722 sqft more living space. Net adjustment: +$171,735.
Adjusted +$180,060 for 757 sqft more living space and +$1,696 for being newer. Net adjustment: +$181,756.
Adjusted -$238 for 1 sqft less living space and +$2,195 for being newer. Net adjustment: +$1,957.
Adjusted -$5,946 for 25 sqft less living space and +$1,995 for being newer. Net adjustment: -$3,951.
Adjusted +$13,558 for 57 sqft more living space and +$1,895 for being newer. Net adjustment: +$15,453.
The Neighborhood
This home is valued 31.3% above the R371378G - FOREST NORTH PHS 3-5 median of $421,794. With 742 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
R371378G - FOREST NORTH PHS 3-5
above averageThis home is +31.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,809 across all districts. With a homestead exemption claimed, that drops to $8,875 — saving $1,934 per year. That's $740 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% | $4,947 |
| Austin | City | 0.5240% | $2,903 |
| Williamson County | County | 0.3694% | $2,046 |
| Austin Community College | special | 0.1034% | $573 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $10,809 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $533,461 would pay approximately $3,330 per month (principal and interest only, excluding taxes and insurance).