1405 MOUNTAIN SPRINGS LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $220,523 and $299,000, with a best estimate of $278,096. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$278,096
$282,023
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $220,523 and $299,000. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,585 for 21 sqft less living space and -$881 for being older. Net adjustment: -$5,466.
Adjusted -$103,267 for 473 sqft less living space and -$881 for being older. Net adjustment: -$104,148.
Adjusted -$4,585 for 21 sqft less living space. Net adjustment: -$4,585.
Adjusted -$92,788 for 425 sqft less living space and -$881 for being older. Net adjustment: -$93,669.
Adjusted +$34,713 for 159 sqft more living space. Net adjustment: +$34,713.
The Neighborhood
This home is valued 9.1% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,749 across all districts. With a homestead exemption claimed, that drops to $4,154 — saving $1,595 per year. That's $346 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% | $3,065 |
| Leander | City | 0.4173% | $1,177 |
| Williamson County | County | 0.3694% | $1,042 |
| Austin Community College | special | 0.1034% | $292 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,749 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $278,096 would pay approximately $1,736 per month (principal and interest only, excluding taxes and insurance).