12714 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $284,066 and $349,780, with a best estimate of $328,698. That places the property below the R390485G - Milwood Sec 28 & 29 median of $335,104, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$328,698
$358,134
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R390485G - Milwood Sec 28 & 29, this home's estimated market value is between $284,066 and $349,780. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$103,561 for 215 sqft less living space. Net adjustment: -$103,561.
Adjusted -$66,471 for 138 sqft less living space and +$9,945 for being newer. Net adjustment: -$56,526.
Adjusted -$126,199 for 262 sqft less living space and +$19,889 for being newer. Net adjustment: -$106,310.
Adjusted -$103,561 for 215 sqft less living space. Net adjustment: -$103,561.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 6.9% above the R390485G - Milwood Sec 28 & 29 median of $335,104. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
R390485G - Milwood Sec 28 & 29
typicalThis home is +6.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,245 across all districts. With a homestead exemption claimed, that drops to $4,929 — saving $1,316 per year. That's $411 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% | $3,198 |
| Williamson County | County | 0.3694% | $1,323 |
| North Austin MUD #1 | MUD | 0.2165% | $775 |
| Austin Community College | special | 0.1034% | $370 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $358 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $6,245 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,698 would pay approximately $2,052 per month (principal and interest only, excluding taxes and insurance).