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12903 WATER WHEEL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,465 sqftBuilt 1982

Property at a Glance

This home is estimated between $313,273 and $492,779, with a best estimate of $356,179. That places the property above the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$313,273 $492,779
Best Estimate
$356,179
WCAD Value
$374,094
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 $313,273 and $492,779. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

9722 MEADOWHEATH DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,232 sqft Built 1982
Raw Value $433,742
Adjusted Value $492,779

Adjusted +$59,037 for 233 sqft more living space. Net adjustment: +$59,037.

9720 MEADOWHEATH DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,428 sqft Built 1982
Raw Value $327,226
Adjusted Value $336,601

Adjusted +$9,375 for 37 sqft more living space. Net adjustment: +$9,375.

12907 WATER WHEEL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $357,915

Adjusted +$38,767 for 153 sqft more living space. Net adjustment: +$38,767.

9748 ANDERSON VILLAGE DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,465 sqft Built 1982
Raw Value $356,179
Adjusted Value $356,179

This comparable closely matches the subject property's features.

9746 ANDERSON VILLAGE DR, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,594 sqft Built 1982
Raw Value $345,959
Adjusted Value $313,273

Adjusted -$32,686 for 129 sqft less living space. Net adjustment: -$32,686.

The Neighborhood

This home is valued 7.6% above the R350481H - Anderson Mill Village median of $347,704. With 247 homes in the subdivision, the property sits in the upper tier. 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
$374,094
Median
$347,704

This home is +7.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,765 across all districts. With a homestead exemption claimed, that drops to $6,053 — saving $1,712 per year. That's $504 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%$3,341
AustinCity0.5240%$1,960
Williamson CountyCounty0.3694%$1,382
Anderson Mill Limited Districtspecial0.1243%$465
Austin Community Collegespecial0.1034%$387
Williamson County FM/RdCounty0.0443%$166
Upper Brushy Creek WCIDWater0.0170%$64
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$7,765

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $356,179 would pay approximately $2,223 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.

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