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721 LEEWARD PASS, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,559 sqftBuilt 2022

Property at a Glance

This home is estimated between $256,125 and $563,174, with a best estimate of $551,960. That places the property below the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.

Estimated Value Range

$256,125 $563,174
Best Estimate
$551,960
WCAD Value
$570,992
High Confidence

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

Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $256,125 and $563,174. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

513 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 1,963 sqft Built 2022
Raw Value $689,053
Adjusted Value $551,960

Adjusted -$137,093 for 404 sqft less living space. Net adjustment: -$137,093.

724 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 1,671 sqft Built 2022
Raw Value $599,554
Adjusted Value $561,548

Adjusted -$38,006 for 112 sqft less living space. Net adjustment: -$38,006.

717 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,364 sqft Built 2022
Raw Value $531,072
Adjusted Value $257,904

Adjusted -$273,168 for 805 sqft less living space. Net adjustment: -$273,168.

700 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 1,835 sqft Built 2022
Raw Value $656,832
Adjusted Value $563,174

Adjusted -$93,658 for 276 sqft less living space. Net adjustment: -$93,658.

736 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,350 sqft Built 2022
Raw Value $524,543
Adjusted Value $256,125

Adjusted -$268,418 for 791 sqft less living space. Net adjustment: -$268,418.

The Neighborhood

This home is valued 11.6% below the L222421C - HORIZON LAKE R5 median of $645,588. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.

L222421C - HORIZON LAKE R5

typical
180 Properties
$645,588 Median Value
-0.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$570,992
Median
$645,588

This home is -11.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $11,639 across all districts. With a homestead exemption claimed, that drops to $9,988 — saving $1,651 per year. That's $832 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%$6,206
LeanderCity0.4173%$2,383
Williamson CountyCounty0.3694%$2,110
Austin Community Collegespecial0.1034%$590
Williamson County FM/RdCounty0.0443%$253
Upper Brushy Creek WCIDWater0.0170%$97
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$11,639

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $551,960 would pay approximately $3,445 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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