517 SCHOONER TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $465,945 and $624,304, with a best estimate of $605,475. 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
$605,475
$617,790
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 $465,945 and $624,304. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,324 for 54 sqft less living space. Net adjustment: -$18,324.
Adjusted +$24,772 for 73 sqft more living space. Net adjustment: +$24,772.
Adjusted +$33,595 for 99 sqft more living space. Net adjustment: +$33,595.
Adjusted -$80,763 for 238 sqft less living space. Net adjustment: -$80,763.
Adjusted -$26,808 for 79 sqft less living space. Net adjustment: -$26,808.
The Neighborhood
This home is valued 4.3% 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
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,593 across all districts. With a homestead exemption claimed, that drops to $10,931 — saving $1,662 per year. That's $911 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% | $6,715 |
| Leander | City | 0.4173% | $2,578 |
| Williamson County | County | 0.3694% | $2,282 |
| Austin Community College | special | 0.1034% | $639 |
| Williamson County FM/Rd | County | 0.0443% | $274 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,593 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $605,475 would pay approximately $3,779 per month (principal and interest only, excluding taxes and insurance).