2040 OAK GROVE RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $-79,675 and $813,757, with a best estimate of $357,370. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$357,370
$260,310
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L010D82C - Leander Williamson Abstracts le 20 Acres, this home's estimated market value is between $-79,675 and $813,757. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$146,617 for 449 sqft less living space and +$103,326 for being newer. Net adjustment: -$43,291.
Adjusted -$454,545 for 1,392 sqft less living space and +$76,135 for being newer. Net adjustment: -$378,410.
Adjusted -$461,729 for 1,414 sqft less living space and +$87,011 for being newer. Net adjustment: -$374,718.
Adjusted -$195,924 for 600 sqft less living space and +$277,348 for being newer. Net adjustment: +$81,424.
Adjusted -$403,604 for 1,236 sqft less living space and +$146,831 for being newer. Net adjustment: -$256,773.
The Neighborhood
This home is valued 65.5% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
outlier lowThis home is -65.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,436 across all districts. With a homestead exemption claimed, that drops to $2,866 — saving $1,570 per year. That's $239 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% | $2,829 |
| Williamson County | County | 0.3694% | $962 |
| Austin Community College | special | 0.1034% | $269 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $260 |
| Williamson County FM/Rd | County | 0.0443% | $115 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7040% | $4,436 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $357,370 would pay approximately $2,231 per month (principal and interest only, excluding taxes and insurance).