1940 BLUE RIVER DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $367,557 and $685,713, with a best estimate of $424,446. That places the property above the L137421C - Mockingbird Park R3 median of $369,541, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$424,446
$367,557
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 $367,557 and $685,713. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$29,206 for 87 sqft more living space. Net adjustment: +$29,206.
This comparable closely matches the subject property's features.
Adjusted +$84,261 for 251 sqft more living space. Net adjustment: +$84,261.
Adjusted +$30,884 for 92 sqft more living space and -$56,959 for being older. Net adjustment: -$26,075.
Adjusted +$73,518 for 219 sqft more living space and +$284,794 for being newer. Net adjustment: +$358,312.
The Neighborhood
This home is in line with the L137421C - Mockingbird Park R3 median of $369,541. Note that values in this subdivision declined 4.1% over the past year.
L137421C - Mockingbird Park R3
typicalThis home is -0.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,430 across all districts. With a homestead exemption claimed, that drops to $5,819 — saving $1,611 per year. That's $485 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% | $3,995 |
| Leander | City | 0.4173% | $1,534 |
| Williamson County | County | 0.3694% | $1,358 |
| Austin Community College | special | 0.1034% | $380 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $7,430 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $424,446 would pay approximately $2,649 per month (principal and interest only, excluding taxes and insurance).