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16408 PARALEE CV, AUSTIN, TX 78717

AUSTIN, 78717 — williamson County

3 bed2 bath2,594 sqftBuilt 1990

Property at a Glance

This home is estimated between $468,839 and $923,155, with a best estimate of $517,824. That places the property below the R230592E - WOODS / MEADOWS OF BRUSHY CREEK median of $534,481, in a neighborhood that declined 2.4% over the past year.

Estimated Value Range

$468,839 $923,155
Best Estimate
$517,824
WCAD Value
$614,867
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in R230592E - WOODS / MEADOWS OF BRUSHY CREEK, this home's estimated market value is between $468,839 and $923,155. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

16414 PARALEE CV, AUSTIN, TX 78717
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,478 sqft Built 1996
Raw Value $614,404
Adjusted Value $592,877

Adjusted +$39,923 for 116 sqft more living space and -$61,450 for being older. Net adjustment: -$21,527.

15900 NEENAH CV, AUSTIN, TX 78717
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,636 sqft Built 1986
Raw Value $531,060
Adjusted Value $923,155

Adjusted +$329,712 for 958 sqft more living space and +$40,967 for being newer and +$21,416 for having a garage. Net adjustment: +$392,095.

16422 PARALEE CV, AUSTIN, TX 78717
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,481 sqft Built 1997
Raw Value $550,625
Adjusted Value $517,824

Adjusted +$38,891 for 113 sqft more living space and -$71,692 for being older. Net adjustment: -$32,801.

16406 PARALEE CV, AUSTIN, TX 78717
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,976 sqft Built 1991
Raw Value $610,553
Adjusted Value $468,839

Adjusted -$131,472 for 382 sqft less living space and -$10,242 for being older. Net adjustment: -$141,714.

15500 WILMONT CV, AUSTIN, TX 78717
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,534 sqft Built 1995
Raw Value $531,523
Adjusted Value $500,965

Adjusted +$20,650 for 60 sqft more living space and -$51,208 for being older. Net adjustment: -$30,558.

The Neighborhood

This home is valued 15.0% above the R230592E - WOODS / MEADOWS OF BRUSHY CREEK median of $534,481. With 1,552 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.4% over the past year.

R230592E - WOODS / MEADOWS OF BRUSHY CREEK

above average
1,552 Properties
$534,481 Median Value
-2.4% YoY Change
2% Have Pool
95% Have Garage
This Home
$614,867
Median
$534,481

This home is +15.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $11,769 across all districts. With a homestead exemption claimed, that drops to $10,405 — saving $1,364 per year. That's $867 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%$5,491
Brushy Creek MUDMUD0.3868%$2,379
Williamson CountyCounty0.3694%$2,272
Austin Community Collegespecial0.1034%$636
Williamson County ESD #2 - Sam Bass VFDESD0.1000%$615
Williamson County FM/RdCounty0.0443%$273
Upper Brushy Creek WCIDWater0.0170%$105
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9141%$11,769

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $517,824 would pay approximately $3,232 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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