2307 SPANISH CEDAR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,008,550 and $1,338,004, with a best estimate of $1,266,792. That places the property above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009, in a neighborhood that appreciated 127.0% over the past year.
Estimated Value Range
$1,266,792
$1,288,375
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L425723A - HIDDEN CREEKS AT LAKEWOOD, this home's estimated market value is between $1,008,550 and $1,338,004. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$260,295 for 680 sqft less living space. Net adjustment: -$260,295.
Adjusted +$5,359 for 14 sqft more living space. Net adjustment: +$5,359.
This comparable closely matches the subject property's features.
Adjusted -$295,511 for 772 sqft less living space. Net adjustment: -$295,511.
Adjusted +$7,656 for 20 sqft more living space. Net adjustment: +$7,656.
The Neighborhood
This home is valued 15.8% above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009. With 119 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 127.0% over the past year.
L425723A - HIDDEN CREEKS AT LAKEWOOD
above averageThis home is +15.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,524 across all districts. With a homestead exemption claimed, that drops to $23,718 — saving $1,806 per year. That's $1,977 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $14,003 |
| Williamson County | County | 0.3694% | $4,760 |
| Cedar Park | City | 0.3600% | $4,638 |
| Austin Community College | special | 0.1034% | $1,332 |
| Williamson County FM/Rd | County | 0.0443% | $571 |
| Upper Brushy Creek WCID | Water | 0.0170% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $25,524 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,266,792 would pay approximately $7,907 per month (principal and interest only, excluding taxes and insurance).