12801 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $228,806 and $422,092, with a best estimate of $386,476. That places the property above the R390485G - Milwood Sec 28 & 29 median of $335,104, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$386,476
$387,140
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R390485G - Milwood Sec 28 & 29, this home's estimated market value is between $228,806 and $422,092. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,979 for 83 sqft less living space. Net adjustment: -$39,979.
Adjusted -$96,335 for 200 sqft less living space and +$29,834 for being newer. Net adjustment: -$66,501.
Adjusted +$57,320 for 119 sqft more living space. Net adjustment: +$57,320.
This comparable closely matches the subject property's features.
Adjusted +$57,320 for 119 sqft more living space. Net adjustment: +$57,320.
The Neighborhood
This home is valued 15.5% above the R390485G - Milwood Sec 28 & 29 median of $335,104. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
R390485G - Milwood Sec 28 & 29
above averageThis home is +15.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,751 across all districts. With a homestead exemption claimed, that drops to $5,429 — saving $1,322 per year. That's $452 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% | $3,458 |
| Williamson County | County | 0.3694% | $1,430 |
| North Austin MUD #1 | MUD | 0.2165% | $838 |
| Austin Community College | special | 0.1034% | $400 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $387 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $6,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,476 would pay approximately $2,412 per month (principal and interest only, excluding taxes and insurance).