512 CLEAR SPRING LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $254,213 and $285,933, with a best estimate of $268,957. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$268,957
$280,259
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $254,213 and $285,933. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,368 for 162 sqft less living space. Net adjustment: -$35,368.
Adjusted -$9,388 for 43 sqft less living space and -$1,761 for being older. Net adjustment: -$11,149.
Adjusted -$4,148 for 19 sqft less living space. Net adjustment: -$4,148.
Adjusted -$8,515 for 39 sqft less living space. Net adjustment: -$8,515.
Adjusted -$46,066 for 211 sqft less living space and -$881 for being older. Net adjustment: -$46,947.
The Neighborhood
This home is valued 9.6% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -9.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,713 across all districts. With a homestead exemption claimed, that drops to $4,118 — saving $1,595 per year. That's $343 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% | $3,046 |
| Leander | City | 0.4173% | $1,169 |
| Williamson County | County | 0.3694% | $1,035 |
| Austin Community College | special | 0.1034% | $290 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,713 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,957 would pay approximately $1,679 per month (principal and interest only, excluding taxes and insurance).