2304 NICASIO PL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $842,613 and $1,148,539, with a best estimate of $940,656. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$940,656
$777,453
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $842,613 and $1,148,539. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$347,168 for 1,362 sqft more living space and +$13,844 for being newer. Net adjustment: +$361,012.
Adjusted +$187,094 for 734 sqft more living space and +$13,844 for being newer. Net adjustment: +$200,938.
Adjusted +$222,269 for 872 sqft more living space. Net adjustment: +$222,269.
Adjusted +$134,585 for 528 sqft more living space and +$13,844 for being newer. Net adjustment: +$148,429.
Adjusted +$188,623 for 740 sqft more living space and +$27,689 for being newer. Net adjustment: +$216,312.
The Neighborhood
This home is valued 16.8% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
above averageThis home is +16.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,402 across all districts. With a homestead exemption claimed, that drops to $13,709 — saving $1,693 per year. That's $1,142 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% | $8,450 |
| Williamson County | County | 0.3694% | $2,872 |
| Cedar Park | City | 0.3600% | $2,799 |
| Austin Community College | special | 0.1034% | $804 |
| Williamson County FM/Rd | County | 0.0443% | $345 |
| Upper Brushy Creek WCID | Water | 0.0170% | $132 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,402 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $940,656 would pay approximately $5,872 per month (principal and interest only, excluding taxes and insurance).