8700 BLACK OAK ST, AUSTIN, TX 78729
AUSTIN, 78729 — williamson County
Property at a Glance
This home is estimated between $407,733 and $503,199, with a best estimate of $451,988. That places the property above the R371378G - FOREST NORTH PHS 3-5 median of $421,794, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$451,988
$509,804
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R371378G - FOREST NORTH PHS 3-5, this home's estimated market value is between $407,733 and $503,199. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$40,436 for 170 sqft more living space and -$1,895 for being older. Net adjustment: +$38,541.
Adjusted +$66,839 for 281 sqft more living space and -$1,895 for being older. Net adjustment: +$64,944.
Adjusted -$18,791 for 79 sqft less living space and +$200 for being newer. Net adjustment: -$18,591.
Adjusted -$14,985 for 63 sqft less living space and -$1,895 for being older. Net adjustment: -$16,880.
Adjusted +$30,208 for 127 sqft more living space and -$1,895 for being older. Net adjustment: +$28,313.
The Neighborhood
This home is valued 20.9% above the R371378G - FOREST NORTH PHS 3-5 median of $421,794. With 742 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
R371378G - FOREST NORTH PHS 3-5
above averageThis home is +20.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,560 across all districts. With a homestead exemption claimed, that drops to $7,705 — saving $1,855 per year. That's $642 per month a buyer should budget. The assessed value increased +14.5% vs the subdivision average of -5.7%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $4,375 |
| Austin | City | 0.5240% | $2,567 |
| Williamson County | County | 0.3694% | $1,810 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9513% | $9,560 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $451,988 would pay approximately $2,821 per month (principal and interest only, excluding taxes and insurance).