840 RICHARDSON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $340,880 and $674,444, with a best estimate of $621,062. 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
$621,062
$611,404
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 $340,880 and $674,444. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$102,115 for 441 sqft less living space and -$4,481 for being older. Net adjustment: -$106,596.
Adjusted -$70,855 for 306 sqft less living space. Net adjustment: -$70,855.
Adjusted -$170,192 for 735 sqft less living space and -$4,481 for being older. Net adjustment: -$174,673.
Adjusted -$54,183 for 234 sqft less living space and +$4,481 for being newer. Net adjustment: -$49,702.
Adjusted -$263,739 for 1,139 sqft less living space and -$8,962 for being older. Net adjustment: -$272,701.
The Neighborhood
This home is valued 4.4% 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 -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,463 across all districts. With a homestead exemption claimed, that drops to $10,802 — saving $1,661 per year. That's $900 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% | $6,645 |
| Leander | City | 0.4173% | $2,551 |
| Williamson County | County | 0.3694% | $2,259 |
| Austin Community College | special | 0.1034% | $632 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,463 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $621,062 would pay approximately $3,877 per month (principal and interest only, excluding taxes and insurance).