848 RICHARDSON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $505,514 and $785,696, with a best estimate of $565,064. That places the property below the L126416C - LEANDER CROSSING median of $639,616, in a neighborhood that appreciated 4.4% over the past year.
Estimated Value Range
$565,064
$552,590
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L126416C - LEANDER CROSSING, this home's estimated market value is between $505,514 and $785,696. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$62,519 for 270 sqft more living space and -$4,481 for being older. Net adjustment: +$58,038.
Adjusted -$42,606 for 184 sqft less living space. Net adjustment: -$42,606.
Adjusted -$99,105 for 428 sqft less living space and -$8,962 for being older. Net adjustment: -$108,067.
Adjusted -$63,909 for 276 sqft less living space. Net adjustment: -$63,909.
Adjusted -$104,662 for 452 sqft less living space. Net adjustment: -$104,662.
The Neighborhood
This home is valued 13.6% below the L126416C - LEANDER CROSSING median of $639,616. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.4% over the past year.
L126416C - LEANDER CROSSING
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,264 across all districts. With a homestead exemption claimed, that drops to $9,617 — saving $1,647 per year. That's $801 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% | $6,006 |
| Leander | City | 0.4173% | $2,306 |
| Williamson County | County | 0.3694% | $2,042 |
| Austin Community College | special | 0.1034% | $571 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $11,264 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $565,064 would pay approximately $3,527 per month (principal and interest only, excluding taxes and insurance).