848 CORVALLIS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $422,019 and $556,059, with a best estimate of $551,472. That places the property above the L113423C - CEDAR BROOK median of $446,740, in a neighborhood that appreciated 133.0% over the past year.
Estimated Value Range
$551,472
$396,512
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L113423C - CEDAR BROOK, this home's estimated market value is between $422,019 and $556,059. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$98,434 for 345 sqft more living space. Net adjustment: +$98,434.
Adjusted +$113,841 for 399 sqft more living space. Net adjustment: +$113,841.
Adjusted +$98,434 for 345 sqft more living space. Net adjustment: +$98,434.
Adjusted +$36,235 for 127 sqft more living space and +$9,267 for being newer. Net adjustment: +$45,502.
Adjusted +$98,434 for 345 sqft more living space. Net adjustment: +$98,434.
The Neighborhood
This home is valued 11.2% below the L113423C - CEDAR BROOK median of $446,740. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 133.0% over the past year.
L113423C - CEDAR BROOK
typicalThis home is -11.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,082 across all districts. With a homestead exemption claimed, that drops to $6,467 — saving $1,615 per year. That's $539 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% | $4,310 |
| Leander | City | 0.4173% | $1,655 |
| Williamson County | County | 0.3694% | $1,465 |
| Austin Community College | special | 0.1034% | $410 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,082 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $551,472 would pay approximately $3,442 per month (principal and interest only, excluding taxes and insurance).