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12908 WATER MILL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,195 sqftBuilt 1982

Property at a Glance

This home is estimated between $246,828 and $306,706, with a best estimate of $278,660. 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

$246,828 $306,706
Best Estimate
$278,660
WCAD Value
$345,705
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 $246,828 and $306,706. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12906 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,640 sqft Built 1982
Raw Value $400,190
Adjusted Value $287,438

Adjusted -$112,752 for 445 sqft less living space. Net adjustment: -$112,752.

12910 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,588 sqft Built 1982
Raw Value $346,405
Adjusted Value $246,828

Adjusted -$99,577 for 393 sqft less living space. Net adjustment: -$99,577.

12904 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,465 sqft Built 1982
Raw Value $333,040
Adjusted Value $264,628

Adjusted -$68,412 for 270 sqft less living space. Net adjustment: -$68,412.

12902 WATER MILL CV, AUSTIN, TX 78729
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $325,535
Adjusted Value $278,660

Adjusted -$46,875 for 185 sqft less living space. Net adjustment: -$46,875.

9814 MEADOWHEATH DR, AUSTIN, TX 78729
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $353,581
Adjusted Value $306,706

Adjusted -$46,875 for 185 sqft less living space. Net adjustment: -$46,875.

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
$345,705
Median
$347,704

This home is -0.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,176 across all districts. With a homestead exemption claimed, that drops to $5,499 — saving $1,677 per year. That's $458 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%$3,087
AustinCity0.5240%$1,812
Williamson CountyCounty0.3694%$1,277
Anderson Mill Limited Districtspecial0.1243%$430
Austin Community Collegespecial0.1034%$357
Williamson County FM/RdCounty0.0443%$153
Upper Brushy Creek WCIDWater0.0170%$59
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$7,176

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $278,660 would pay approximately $1,739 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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