11412 READING WAY, AUSTIN, TX 78717
AUSTIN, 78717 — williamson County
Property at a Glance
This home is estimated between $298,663 and $618,367, with a best estimate of $494,690. That places the property above the L591503E - AVERY RANCH FAR WEST PH 1 median of $483,591, in a neighborhood that declined 4.9% over the past year.
Estimated Value Range
$494,690
$562,075
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L591503E - AVERY RANCH FAR WEST PH 1, this home's estimated market value is between $298,663 and $618,367. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$177,890 for 430 sqft less living space and +$2,422 for being newer. Net adjustment: -$175,468.
Adjusted -$131,970 for 319 sqft less living space and +$2,422 for being newer. Net adjustment: -$129,548.
Adjusted -$135,279 for 327 sqft less living space and +$2,422 for being newer. Net adjustment: -$132,857.
Adjusted -$7,447 for 18 sqft less living space and +$4,844 for being newer. Net adjustment: -$2,603.
Adjusted -$177,890 for 430 sqft less living space and +$2,422 for being newer. Net adjustment: -$175,468.
The Neighborhood
This home is valued 16.2% above the L591503E - AVERY RANCH FAR WEST PH 1 median of $483,591. With 1,612 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.
L591503E - AVERY RANCH FAR WEST PH 1
above averageThis home is +16.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,057 across all districts. With a homestead exemption claimed, that drops to $9,842 — saving $2,215 per year. That's $820 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,109 |
| Austin | City | 0.5240% | $2,945 |
| Williamson County | County | 0.3694% | $2,077 |
| Austin Community College | special | 0.1034% | $581 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Road District (R02) | Road | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1451% | $12,057 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,690 would pay approximately $3,088 per month (principal and interest only, excluding taxes and insurance).