406 OLMOS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $344,228 and $548,752, with a best estimate of $370,177. That places the property below the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$370,177
$552,991
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $344,228 and $548,752. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,732 for 147 sqft less living space and +$1,446 for being newer. Net adjustment: -$27,286.
Adjusted -$49,450 for 253 sqft less living space and +$723 for being newer. Net adjustment: -$48,727.
Adjusted +$41,045 for 210 sqft more living space and +$2,892 for being newer and -$6,235 for no pool. Net adjustment: +$37,702.
Adjusted +$55,704 for 285 sqft more living space. Net adjustment: +$55,704.
Adjusted -$53,945 for 276 sqft less living space. Net adjustment: -$53,945.
The Neighborhood
This home is valued 45.0% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
above averageThis home is +45.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,272 across all districts. With a homestead exemption claimed, that drops to $9,625 — saving $1,647 per year. That's $802 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% | $6,010 |
| Leander | City | 0.4173% | $2,308 |
| Williamson County | County | 0.3694% | $2,043 |
| Austin Community College | special | 0.1034% | $572 |
| 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% | $11,272 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,177 would pay approximately $2,311 per month (principal and interest only, excluding taxes and insurance).