12702 MARGIT DR, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $184,030 and $462,239, with a best estimate of $412,416. 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
$412,416
$394,394
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 $184,030 and $462,239. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$56,356 for 117 sqft more living space. Net adjustment: +$56,356.
Adjusted -$147,393 for 306 sqft less living space and +$29,834 for being newer. Net adjustment: -$117,559.
Adjusted +$22,639 for 47 sqft more living space and -$19,889 for being older. Net adjustment: +$2,750.
Adjusted +$47,204 for 98 sqft more living space and -$19,889 for being older. Net adjustment: +$27,315.
Adjusted +$56,356 for 117 sqft more living space. Net adjustment: +$56,356.
The Neighborhood
This home is valued 17.7% 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
above averageThis home is +17.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,877 across all districts. With a homestead exemption claimed, that drops to $5,554 — saving $1,323 per year. That's $463 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% | $3,522 |
| Williamson County | County | 0.3694% | $1,457 |
| North Austin MUD #1 | MUD | 0.2165% | $854 |
| Austin Community College | special | 0.1034% | $408 |
| Williamson County ESD #1 - Jollyville VFD | ESD | 0.1000% | $394 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7438% | $6,877 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $412,416 would pay approximately $2,574 per month (principal and interest only, excluding taxes and insurance).