7401 FM 487, BARTLETT, TX 76511
BARTLETT, 76511 — williamson County
Property at a Glance
This home is estimated between $155,800 and $2,043,473, with a best estimate of $202,944. That places the property below the J450D45I - Bartlett ISD Abstracts median of $340,929, in a neighborhood that declined 1.3% over the past year.
Estimated Value Range
$202,944
$198,995
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J450D45I - Bartlett ISD Abstracts, this home's estimated market value is between $155,800 and $2,043,473. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$33,110 for 196 sqft more living space and -$47,166 for being older and -$41,407 for no garage. Net adjustment: -$55,463.
Adjusted +$23,650 for 140 sqft more living space and +$38,591 for being newer. Net adjustment: +$62,241.
Adjusted -$49,834 for 295 sqft less living space and +$27,871 for being newer and -$41,407 for no garage. Net adjustment: -$63,370.
Adjusted +$111,662 for 661 sqft more living space and -$41,407 for no garage. Net adjustment: +$70,255.
Adjusted +$78,045 for 462 sqft more living space and -$4,288 for being older. Net adjustment: +$73,757.
The Neighborhood
This home is valued 41.6% below the J450D45I - Bartlett ISD Abstracts median of $340,929. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.3% over the past year.
J450D45I - Bartlett ISD Abstracts
below averageThis home is -41.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $835 across all districts. With a homestead exemption claimed, that drops to $800 — saving $35 per year. That's $67 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 |
|---|---|---|---|
| Williamson County | County | 0.3694% | $707 |
| Williamson County FM/Rd | County | 0.0443% | $85 |
| Donahoe Creek WCID | Water | 0.0224% | $43 |
| Bartlett ISD | School | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 0.4362% | $835 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $202,944 would pay approximately $1,267 per month (principal and interest only, excluding taxes and insurance).