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12906 WATER MILL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath1,640 sqftBuilt 1982

Property at a Glance

This home is estimated between $359,581 and $458,457, with a best estimate of $391,413. That places the property above the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$359,581 $458,457
Best Estimate
$391,413
WCAD Value
$400,190
High Confidence

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

Based on 5 comparable properties in R350481H - Anderson Mill Village, this home's estimated market value is between $359,581 and $458,457. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12908 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,195 sqft Built 1982
Raw Value $345,705
Adjusted Value $458,457

Adjusted +$112,752 for 445 sqft more living space. Net adjustment: +$112,752.

12904 WATER MILL CV, AUSTIN, TX 78729
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,465 sqft Built 1982
Raw Value $333,040
Adjusted Value $377,381

Adjusted +$44,341 for 175 sqft more living space. Net adjustment: +$44,341.

12902 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $325,535
Adjusted Value $391,413

Adjusted +$65,878 for 260 sqft more living space. Net adjustment: +$65,878.

12910 WATER MILL CV, AUSTIN, TX 78729
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,588 sqft Built 1982
Raw Value $346,405
Adjusted Value $359,581

Adjusted +$13,176 for 52 sqft more living space. Net adjustment: +$13,176.

9814 MEADOWHEATH DR, AUSTIN, TX 78729
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 1982
Raw Value $353,581
Adjusted Value $419,459

Adjusted +$65,878 for 260 sqft more living space. Net adjustment: +$65,878.

The Neighborhood

This home is valued 15.1% above the R350481H - Anderson Mill Village median of $347,704. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.

R350481H - Anderson Mill Village

above average
247 Properties
$347,704 Median Value
-4.9% YoY Change
1% Have Pool
98% Have Garage
This Home
$400,190
Median
$347,704

This home is +15.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,306 across all districts. With a homestead exemption claimed, that drops to $6,563 — saving $1,743 per year. That's $547 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%$3,574
AustinCity0.5240%$2,097
Williamson CountyCounty0.3694%$1,478
Anderson Mill Limited Districtspecial0.1243%$498
Austin Community Collegespecial0.1034%$414
Williamson County FM/RdCounty0.0443%$177
Upper Brushy Creek WCIDWater0.0170%$68
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$8,306

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $391,413 would pay approximately $2,443 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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