311 KING ELDER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $225,868 and $384,897, with a best estimate of $241,648. That places the property below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$241,648
$373,105
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $225,868 and $384,897. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,315 for 369 sqft less living space. Net adjustment: -$81,315.
Adjusted -$64,568 for 293 sqft less living space and +$3,838 for being newer. Net adjustment: -$60,730.
Adjusted -$76,908 for 349 sqft less living space. Net adjustment: -$76,908.
Adjusted +$9,696 for 44 sqft more living space and +$1,535 for being newer. Net adjustment: +$11,231.
Adjusted -$74,043 for 336 sqft less living space and +$1,535 for being newer. Net adjustment: -$72,508.
The Neighborhood
This home is valued 13.2% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.
L121405G - SUMMERLYNN PULTE & CENTEX
typicalThis home is +13.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,218 across all districts. With a homestead exemption claimed, that drops to $6,628 — saving $1,590 per year. That's $552 per month a buyer should budget. The assessed value increased +1.6% vs the subdivision average of -4.5%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,055 |
| Williamson County MUD #13 | MUD | 0.5241% | $1,955 |
| Williamson County | County | 0.3694% | $1,378 |
| Austin Community College | special | 0.1034% | $386 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $278 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $8,218 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $241,648 would pay approximately $1,508 per month (principal and interest only, excluding taxes and insurance).