8704-B CAINWOOD LN, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $211,115 and $355,576, with a best estimate of $338,715. That places the property above the R373O - Springwoods Condos Ph 1 & 2 median of $200,992, in a neighborhood that declined 23.7% over the past year.
Estimated Value Range
$338,715
$201,363
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in R373O - Springwoods Condos Ph 1 & 2. The estimated range of $211,115 and $355,576 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$2,056 for 10 sqft more living space. Net adjustment: +$2,056.
Adjusted -$3,906 for 19 sqft less living space. Net adjustment: -$3,906.
Adjusted -$125,206 for 609 sqft less living space and +$60,193 for having a garage. Net adjustment: -$65,013.
Adjusted +$7,607 for 37 sqft more living space. Net adjustment: +$7,607.
Adjusted -$45,847 for 223 sqft less living space. Net adjustment: -$45,847.
The Neighborhood
This home is in line with the R373O - Springwoods Condos Ph 1 & 2 median of $200,992. Note that values in this subdivision declined 23.7% over the past year.
R373O - Springwoods Condos Ph 1 & 2
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,929 across all districts. With a homestead exemption claimed, that drops to $2,431 — saving $1,498 per year. That's $203 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% | $1,798 |
| Austin | City | 0.5240% | $1,055 |
| Williamson County | County | 0.3694% | $744 |
| Austin Community College | special | 0.1034% | $208 |
| Williamson County FM/Rd | County | 0.0443% | $89 |
| Upper Brushy Creek WCID | Water | 0.0170% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $3,929 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $338,715 would pay approximately $2,114 per month (principal and interest only, excluding taxes and insurance).