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12912 WATER WHEEL CV, AUSTIN, TX 78729

AUSTIN, 78729 — williamson County

3 bed2 bath772 sqftBuilt 1982

Property at a Glance

This home is estimated between $181,380 and $442,449, with a best estimate of $182,325. That places the property below the R350481H - Anderson Mill Village median of $347,704, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$181,380 $442,449
Best Estimate
$182,325
WCAD Value
$417,551
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 $181,380 and $442,449. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

12906 WATER WHEEL CV, AUSTIN, TX 78729
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $182,325

Adjusted -$136,823 for 540 sqft less living space. Net adjustment: -$136,823.

12909 WATER MILL CV, AUSTIN, TX 78729
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,337 sqft Built 1982
Raw Value $324,538
Adjusted Value $181,380

Adjusted -$143,158 for 565 sqft less living space. Net adjustment: -$143,158.

12907 WATER MILL CV, AUSTIN, TX 78729
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $411,120
Adjusted Value $274,297

Adjusted -$136,823 for 540 sqft less living space. Net adjustment: -$136,823.

12907 WATER WHEEL CV, AUSTIN, TX 78729
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,312 sqft Built 1982
Raw Value $319,148
Adjusted Value $182,325

Adjusted -$136,823 for 540 sqft less living space. Net adjustment: -$136,823.

12905 WATER WHEEL CV, AUSTIN, TX 78729
0.05 mi 100% similar Same subdivision
3 bed 2 bath 732 sqft Built 1982
Raw Value $432,314
Adjusted Value $442,449

Adjusted +$10,135 for 40 sqft more living space. Net adjustment: +$10,135.

The Neighborhood

This home is valued 20.1% 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
$417,551
Median
$347,704

This home is +20.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,667 across all districts. With a homestead exemption claimed, that drops to $6,902 — saving $1,765 per year. That's $575 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%$3,729
AustinCity0.5240%$2,188
Williamson CountyCounty0.3694%$1,543
Anderson Mill Limited Districtspecial0.1243%$519
Austin Community Collegespecial0.1034%$432
Williamson County FM/RdCounty0.0443%$185
Upper Brushy Creek WCIDWater0.0170%$71
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$8,667

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $182,325 would pay approximately $1,138 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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