16205 TERRACE DR, AUSTIN, TX 78728
AUSTIN, 78728 — williamson County
Property at a Glance
This home is estimated between $138,658 and $251,762, with a best estimate of $220,761. That places the property below the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358, in a neighborhood that declined 9.6% over the past year.
Estimated Value Range
$220,761
$280,695
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN, this home's estimated market value is between $138,658 and $251,762. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$32,788 for 152 sqft more living space and -$43,653 for being older. Net adjustment: -$10,865.
Adjusted -$13,806 for 64 sqft less living space and -$23,385 for being older. Net adjustment: -$37,191.
Adjusted +$62,772 for 291 sqft more living space and -$15,590 for being older. Net adjustment: +$47,182.
Adjusted -$43,143 for 200 sqft less living space and -$38,976 for being older. Net adjustment: -$82,119.
Adjusted -$87,579 for 406 sqft less living space. Net adjustment: -$87,579.
The Neighborhood
This home is in line with the R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN median of $281,358. Note that values in this subdivision declined 9.6% over the past year.
R332479H - CHISHOLM VALLEY & NORTHRIDGE ACRES & WILLOW RUN
typicalThis home is -0.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,287 across all districts. With a homestead exemption claimed, that drops to $2,985 — saving $1,302 per year. That's $249 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% | $2,507 |
| Williamson County | County | 0.3694% | $1,037 |
| Austin Community College | special | 0.1034% | $290 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $280 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5272% | $4,287 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $220,761 would pay approximately $1,378 per month (principal and interest only, excluding taxes and insurance).