Beta Williamson County, TX only — data and coverage are limited during early access.

12908 WATER WHEEL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

2 bed2 bath1,337 sqftBuilt 1982

Property at a Glance

This home is estimated between $278,834 and $417,454, with a best estimate of $324,538. 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

$278,834 $417,454
Best Estimate
$324,538
WCAD Value
$337,854
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 $278,834 and $417,454. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12906 WATER WHEEL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $325,482

Adjusted +$6,334 for 25 sqft more living space. Net adjustment: +$6,334.

12910 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $324,998
Adjusted Value $314,103

Adjusted -$10,895 for 43 sqft less living space. Net adjustment: -$10,895.

12909 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,337 sqft Built 1982
Raw Value $324,538
Adjusted Value $324,538

This comparable closely matches the subject property's features.

12904 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,594 sqft Built 1982
Raw Value $343,952
Adjusted Value $278,834

Adjusted -$65,118 for 257 sqft less living space. Net adjustment: -$65,118.

12907 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $411,120
Adjusted Value $417,454

Adjusted +$6,334 for 25 sqft more living space. Net adjustment: +$6,334.

The Neighborhood

This home is valued 2.8% below the R350481H - Anderson Mill Village median of $347,704. That positions it competitively for buyers comparing within the neighborhood. 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
$337,854
Median
$347,704

This home is -2.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,013 across all districts. With a homestead exemption claimed, that drops to $5,346 — saving $1,667 per year. That's $446 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%$3,017
AustinCity0.5240%$1,770
Williamson CountyCounty0.3694%$1,248
Anderson Mill Limited Districtspecial0.1243%$420
Austin Community Collegespecial0.1034%$349
Williamson County FM/RdCounty0.0443%$150
Upper Brushy Creek WCIDWater0.0170%$57
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$7,013

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $324,538 would pay approximately $2,026 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.

View full property details