8704 SPARTA LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $317,685 and $515,697, with a best estimate of $438,216. That places the property above the R371378G - FOREST NORTH PHS 3-5 median of $421,794, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$438,216
$371,184
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in R371378G - FOREST NORTH PHS 3-5. The estimated range of $317,685 and $515,697 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$24,024 for 101 sqft more living space and +$1,696 for being newer. Net adjustment: +$25,720.
Adjusted +$15,699 for 66 sqft more living space. Net adjustment: +$15,699.
Adjusted +$7,374 for 31 sqft more living space and -$200 for being older. Net adjustment: +$7,174.
Adjusted +$93,479 for 393 sqft more living space and +$698 for being newer. Net adjustment: +$94,177.
Adjusted +$9,990 for 42 sqft more living space and +$2,693 for being newer. Net adjustment: +$12,683.
The Neighborhood
This home is valued 12.0% below the R371378G - FOREST NORTH PHS 3-5 median of $421,794. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
R371378G - FOREST NORTH PHS 3-5
typicalThis home is -12.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,243 across all districts. With a homestead exemption claimed, that drops to $5,535 — saving $1,708 per year. That's $461 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% | $3,315 |
| Austin | City | 0.5240% | $1,945 |
| Williamson County | County | 0.3694% | $1,371 |
| Austin Community College | special | 0.1034% | $384 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $7,243 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $438,216 would pay approximately $2,735 per month (principal and interest only, excluding taxes and insurance).