8801-B CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $197,868 and $352,081, with a best estimate of $287,538. 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
$287,538
$196,345
Based on 5 comparable properties(2 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 $197,868 and $352,081 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$3,495 for 17 sqft less living space. Net adjustment: -$3,495.
Adjusted -$1,439 for 7 sqft less living space. Net adjustment: -$1,439.
Adjusted +$4,112 for 20 sqft more living space. Net adjustment: +$4,112.
Adjusted -$128,701 for 626 sqft less living space and +$60,193 for having a garage. Net adjustment: -$68,508.
Adjusted -$7,401 for 36 sqft less living space. Net adjustment: -$7,401.
The Neighborhood
This home is valued 2.3% below the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
typicalThis home is -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,831 across all districts. With a homestead exemption claimed, that drops to $2,339 — saving $1,492 per year. That's $195 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% | $1,754 |
| Austin | City | 0.5240% | $1,029 |
| Williamson County | County | 0.3694% | $725 |
| Austin Community College | special | 0.1034% | $203 |
| Williamson County FM/Rd | County | 0.0443% | $87 |
| Upper Brushy Creek WCID | Water | 0.0170% | $33 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $3,831 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $287,538 would pay approximately $1,795 per month (principal and interest only, excluding taxes and insurance).