12908 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $187,661 and $438,972, with a best estimate of $227,652. 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
$227,652
$339,171
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 $187,661 and $438,972. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$131,016 for 272 sqft less living space and +$9,945 for being newer. Net adjustment: -$121,071.
Adjusted -$105,487 for 219 sqft less living space. Net adjustment: -$105,487.
Adjusted +$110,786 for 230 sqft more living space and +$9,945 for being newer. Net adjustment: +$120,731.
Adjusted +$110,786 for 230 sqft more living space and +$9,945 for being newer. Net adjustment: +$120,731.
Adjusted -$131,016 for 272 sqft less living space and +$9,945 for being newer. Net adjustment: -$121,071.
The Neighborhood
This home is valued 1.2% 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 +1.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,914 across all districts. With a homestead exemption claimed, that drops to $4,601 — saving $1,313 per year. That's $383 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% | $3,029 |
| Williamson County | County | 0.3694% | $1,253 |
| North Austin MUD #1 | MUD | 0.2165% | $734 |
| Austin Community College | special | 0.1034% | $351 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $339 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $5,914 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $227,652 would pay approximately $1,421 per month (principal and interest only, excluding taxes and insurance).