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2016 OWASSO DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed2 bath1,889 sqftBuilt 2022

Property at a Glance

This home is estimated between $377,927 and $508,328, with a best estimate of $449,851. That places the property above the L138420C - DEVINE LAKE R4 median of $418,389, in a neighborhood that appreciated 44.1% over the past year.

Estimated Value Range

$377,927 $508,328
Best Estimate
$449,851
WCAD Value
$459,118
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L138420C - DEVINE LAKE R4, this home's estimated market value is between $377,927 and $508,328. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

2025 OWASSO DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,670 sqft Built 2022
Raw Value $330,185
Adjusted Value $377,927

Adjusted +$47,742 for 219 sqft more living space. Net adjustment: +$47,742.

2005 OWASSO DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,041 sqft Built 2022
Raw Value $456,903
Adjusted Value $423,767

Adjusted -$33,136 for 152 sqft less living space. Net adjustment: -$33,136.

2028 OWASSO DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 2 bath 1,503 sqft Built 2022
Raw Value $419,556
Adjusted Value $503,704

Adjusted +$84,148 for 386 sqft more living space. Net adjustment: +$84,148.

2001 OWASSO DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
2 bed 2 bath 1,849 sqft Built 2022
Raw Value $441,131
Adjusted Value $449,851

Adjusted +$8,720 for 40 sqft more living space. Net adjustment: +$8,720.

2012 OWASSO DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,444 sqft Built 2022
Raw Value $411,318
Adjusted Value $508,328

Adjusted +$97,010 for 445 sqft more living space. Net adjustment: +$97,010.

The Neighborhood

This home is valued 9.7% above the L138420C - DEVINE LAKE R4 median of $418,389. With 275 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 44.1% over the past year.

L138420C - DEVINE LAKE R4

typical
275 Properties
$418,389 Median Value
+44.1% YoY Change
0% Have Pool
100% Have Garage
This Home
$459,118
Median
$418,389

This home is +9.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,358 across all districts. With a homestead exemption claimed, that drops to $7,731 — saving $1,627 per year. That's $644 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,990
LeanderCity0.4173%$1,916
Williamson CountyCounty0.3694%$1,696
Austin Community Collegespecial0.1034%$475
Williamson County FM/RdCounty0.0443%$204
Upper Brushy Creek WCIDWater0.0170%$78
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$9,358

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $449,851 would pay approximately $2,808 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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