505 LITTLE DRAW LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $236,748 and $518,565, with a best estimate of $435,999. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$435,999
$463,651
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $236,748 and $518,565. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,891 for 130 sqft less living space. Net adjustment: -$35,891.
Adjusted -$99,667 for 361 sqft less living space. Net adjustment: -$99,667.
Adjusted -$46,935 for 170 sqft less living space. Net adjustment: -$46,935.
Adjusted +$128,380 for 465 sqft more living space. Net adjustment: +$128,380.
Adjusted -$157,645 for 571 sqft less living space. Net adjustment: -$157,645.
The Neighborhood
This home is valued 18.4% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,724 across all districts. With a homestead exemption claimed, that drops to $10,116 — saving $1,608 per year. That's $843 per month a buyer should budget. The assessed value increased +4.2% vs the subdivision average of -1.7%. This above-average increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,039 |
| Williamson County MUD #31 | MUD | 0.8500% | $3,941 |
| Williamson County | County | 0.3694% | $1,713 |
| Austin Community College | special | 0.1034% | $479 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $11,724 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $435,999 would pay approximately $2,721 per month (principal and interest only, excluding taxes and insurance).