2884 HONEYWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $545,423 and $1,360,688, with a best estimate of $1,081,091. That places the property above the L116425B - LEANDER ESTATES median of $872,889, in a neighborhood that appreciated 312.1% over the past year.
Estimated Value Range
$1,081,091
$320,268
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L116425B - LEANDER ESTATES, this home's estimated market value is between $545,423 and $1,360,688. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$51,093 for 198 sqft more living space. Net adjustment: +$51,093.
Adjusted +$206,696 for 801 sqft more living space. Net adjustment: +$206,696.
Adjusted +$270,950 for 1,050 sqft more living space. Net adjustment: +$270,950.
Adjusted +$118,186 for 458 sqft more living space. Net adjustment: +$118,186.
Adjusted +$155,861 for 604 sqft more living space. Net adjustment: +$155,861.
The Neighborhood
This home is valued 63.3% below the L116425B - LEANDER ESTATES median of $872,889. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 312.1% over the past year.
L116425B - LEANDER ESTATES
outlier lowThis home is -63.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,528 across all districts. With a homestead exemption claimed, that drops to $4,927 — saving $1,601 per year. That's $411 per month a buyer should budget. The assessed value increased +70.4% vs the subdivision average of +312.1%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,481 |
| Leander | City | 0.4173% | $1,336 |
| Williamson County | County | 0.3694% | $1,183 |
| Austin Community College | special | 0.1034% | $331 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,528 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,081,091 would pay approximately $6,748 per month (principal and interest only, excluding taxes and insurance).