703 SPRINGBROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $228,288 and $505,930, with a best estimate of $275,516. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$275,516
$385,583
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L480494G - Oak Ridge - All Sections, this home's estimated market value is between $228,288 and $505,930. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$67,458 for 314 sqft more living space and -$1,947 for being older. Net adjustment: +$65,511.
Adjusted -$93,453 for 435 sqft less living space and -$1,947 for being older. Net adjustment: -$95,400.
Adjusted +$36,092 for 168 sqft more living space and -$1,947 for being older. Net adjustment: +$34,145.
Adjusted -$67,458 for 314 sqft less living space and -$7,788 for being older. Net adjustment: -$75,246.
Adjusted -$160,910 for 749 sqft less living space and -$1,947 for being older. Net adjustment: -$162,857.
The Neighborhood
This home is valued 10.7% above the L480494G - Oak Ridge - All Sections median of $348,246. With 496 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is +10.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,860 across all districts. With a homestead exemption claimed, that drops to $6,246 — saving $1,614 per year. That's $521 per month a buyer should budget. The assessed value increased +2.8% vs the subdivision average of -3.3%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,191 |
| Leander | City | 0.4173% | $1,609 |
| Williamson County | County | 0.3694% | $1,425 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,516 would pay approximately $1,720 per month (principal and interest only, excluding taxes and insurance).