12911 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $531,477 and $561,189, with a best estimate of $534,514. That places the property above the R390485G - Milwood Sec 28 & 29 median of $335,104, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$534,514
$305,340
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 $531,477 and $561,189. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$216,273 for 449 sqft more living space. Net adjustment: +$216,273.
Adjusted +$216,273 for 449 sqft more living space. Net adjustment: +$216,273.
Adjusted +$209,048 for 434 sqft more living space and -$29,834 for being older. Net adjustment: +$179,214.
Adjusted +$217,236 for 451 sqft more living space and -$9,945 for being older. Net adjustment: +$207,291.
Adjusted +$190,744 for 396 sqft more living space and -$39,779 for being older. Net adjustment: +$150,965.
The Neighborhood
This home is valued 8.9% below the R390485G - Milwood Sec 28 & 29 median of $335,104. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.3% over the past year.
R390485G - Milwood Sec 28 & 29
typicalThis home is -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,324 across all districts. With a homestead exemption claimed, that drops to $4,018 — saving $1,306 per year. That's $335 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% | $2,727 |
| Williamson County | County | 0.3694% | $1,128 |
| North Austin MUD #1 | MUD | 0.2165% | $661 |
| Austin Community College | special | 0.1034% | $316 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $305 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $5,324 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $534,514 would pay approximately $3,336 per month (principal and interest only, excluding taxes and insurance).