116 LAKEWOOD TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $974,766 and $1,459,512, with a best estimate of $1,163,062. That places the property above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$1,163,062
$1,312,196
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $974,766 and $1,459,512. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$360,827 for 1,105 sqft more living space and -$5,438 for being older. Net adjustment: +$355,389.
Adjusted +$442,136 for 1,354 sqft more living space and -$97,887 for being older. Net adjustment: +$344,249.
Adjusted +$814,719 for 2,495 sqft more living space and +$10,876 for being newer. Net adjustment: +$825,595.
Adjusted +$478,382 for 1,465 sqft more living space and -$174,022 for being older. Net adjustment: +$304,360.
Adjusted +$560,997 for 1,718 sqft more living space and -$228,404 for being older. Net adjustment: +$332,593.
The Neighborhood
This home is valued 73.8% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
outlier highThis home is +73.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,887 across all districts. With a homestead exemption claimed, that drops to $19,139 — saving $1,748 per year. That's $1,595 per month a buyer should budget. The assessed value increased -16.4% vs the subdivision average of -25.0%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $13,317 |
| Williamson County | County | 0.3694% | $4,527 |
| Austin Community College | special | 0.1034% | $1,267 |
| Williamson County ESD #12 - Cedar Park | ESD | 0.0836% | $1,025 |
| Williamson County FM/Rd | County | 0.0443% | $543 |
| Upper Brushy Creek WCID | Water | 0.0170% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7047% | $20,887 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,163,062 would pay approximately $7,260 per month (principal and interest only, excluding taxes and insurance).