8707-B CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $199,307 and $353,520, with a best estimate of $336,659. That places the property above the R373O - Springwoods Condos Ph 1 & 2 median of $200,992, in a neighborhood that declined 23.7% over the past year.
Estimated Value Range
$336,659
$209,059
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R373O - Springwoods Condos Ph 1 & 2. The estimated range of $199,307 and $353,520 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$2,056 for 10 sqft less living space. Net adjustment: -$2,056.
Adjusted +$5,551 for 27 sqft more living space. Net adjustment: +$5,551.
Adjusted -$5,962 for 29 sqft less living space. Net adjustment: -$5,962.
Adjusted -$127,262 for 619 sqft less living space and +$60,193 for having a garage. Net adjustment: -$67,069.
Adjusted -$47,903 for 233 sqft less living space. Net adjustment: -$47,903.
The Neighborhood
This home is valued 4.0% above the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. With 26 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
typicalThis home is +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,079 across all districts. With a homestead exemption claimed, that drops to $2,571 — saving $1,508 per year. That's $214 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% | $1,867 |
| Austin | City | 0.5240% | $1,096 |
| Williamson County | County | 0.3694% | $772 |
| Austin Community College | special | 0.1034% | $216 |
| Williamson County FM/Rd | County | 0.0443% | $93 |
| Upper Brushy Creek WCID | Water | 0.0170% | $36 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $4,079 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,659 would pay approximately $2,101 per month (principal and interest only, excluding taxes and insurance).