7940 LULING LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $327,003 and $802,927, with a best estimate of $535,356. That places the property above the R392593F - Milwood median of $450,810, in a neighborhood that declined 9.2% over the past year.
Estimated Value Range
$535,356
$429,816
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $327,003 and $802,927. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$28,870 for 72 sqft more living space and -$1,848 for being older. Net adjustment: +$27,022.
Adjusted +$25,662 for 64 sqft more living space. Net adjustment: +$25,662.
Adjusted -$139,137 for 347 sqft less living space. Net adjustment: -$139,137.
Adjusted -$129,514 for 323 sqft less living space and +$3,696 for being newer. Net adjustment: -$125,818.
Adjusted +$307,946 for 768 sqft more living space and +$3,696 for being newer. Net adjustment: +$311,642.
The Neighborhood
This home is valued 4.7% below the R392593F - Milwood median of $450,810. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.2% over the past year.
R392593F - Milwood
typicalThis home is -4.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,495 across all districts. With a homestead exemption claimed, that drops to $6,165 — saving $1,330 per year. That's $514 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% | $3,839 |
| Williamson County | County | 0.3694% | $1,588 |
| North Austin MUD #1 | MUD | 0.2165% | $931 |
| Austin Community College | special | 0.1034% | $444 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $430 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $7,495 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $535,356 would pay approximately $3,342 per month (principal and interest only, excluding taxes and insurance).