3605 PROSPER RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $557,607 and $675,605, with a best estimate of $591,556. That places the property below the L494522C - EDGEWOOD median of $654,811, in a neighborhood that appreciated 195.7% over the past year.
Estimated Value Range
$591,556
$620,887
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $557,607 and $675,605. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$7,374 for 24 sqft more living space and +$15,479 for being newer. Net adjustment: +$22,853.
Adjusted -$149,015 for 485 sqft less living space. Net adjustment: -$149,015.
Adjusted -$194,488 for 633 sqft less living space. Net adjustment: -$194,488.
Adjusted -$196,024 for 638 sqft less living space. Net adjustment: -$196,024.
Adjusted -$116,754 for 380 sqft less living space and -$15,479 for being older. Net adjustment: -$132,233.
The Neighborhood
This home is valued 5.2% below the L494522C - EDGEWOOD median of $654,811. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 195.7% over the past year.
L494522C - EDGEWOOD
typicalThis home is -5.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,656 across all districts. With a homestead exemption claimed, that drops to $10,994 — saving $1,662 per year. That's $916 per month a buyer should budget. The assessed value increased +43.6% vs the subdivision average of +195.7%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,748 |
| Leander | City | 0.4173% | $2,591 |
| Williamson County | County | 0.3694% | $2,294 |
| Austin Community College | special | 0.1034% | $642 |
| Williamson County FM/Rd | County | 0.0443% | $275 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,656 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $591,556 would pay approximately $3,692 per month (principal and interest only, excluding taxes and insurance).