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1956 GILMER WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,946 sqftBuilt 2024

Property at a Glance

This home is estimated between $305,117 and $426,937, with a best estimate of $426,902. That places the property above the L138420C - DEVINE LAKE R4 median of $418,389, in a neighborhood that appreciated 44.1% over the past year.

Estimated Value Range

$305,117 $426,937
Best Estimate
$426,902
WCAD Value
$361,826
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L138420C - DEVINE LAKE R4, this home's estimated market value is between $305,117 and $426,937. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

2024 GILMER WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,365 sqft Built 2024
Raw Value $396,459
Adjusted Value $305,117

Adjusted -$91,342 for 419 sqft less living space. Net adjustment: -$91,342.

2012 GILMER WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,016 sqft Built 2024
Raw Value $442,162
Adjusted Value $426,902

Adjusted -$15,260 for 70 sqft less living space. Net adjustment: -$15,260.

1948 GILMER WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,016 sqft Built 2024
Raw Value $442,197
Adjusted Value $426,937

Adjusted -$15,260 for 70 sqft less living space. Net adjustment: -$15,260.

2001 GILMER WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,016 sqft Built 2024
Raw Value $442,162
Adjusted Value $426,902

Adjusted -$15,260 for 70 sqft less living space. Net adjustment: -$15,260.

1952 GILMER WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,078 sqft Built 2024
Raw Value $363,771
Adjusted Value $334,995

Adjusted -$28,776 for 132 sqft less living space. Net adjustment: -$28,776.

The Neighborhood

This home is valued 13.5% below the L138420C - DEVINE LAKE R4 median of $418,389. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 44.1% over the past year.

L138420C - DEVINE LAKE R4

typical
275 Properties
$418,389 Median Value
+44.1% YoY Change
0% Have Pool
100% Have Garage
This Home
$361,826
Median
$418,389

This home is -13.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,375 across all districts. With a homestead exemption claimed, that drops to $5,766 — saving $1,609 per year. That's $481 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,933
LeanderCity0.4173%$1,510
Williamson CountyCounty0.3694%$1,337
Austin Community Collegespecial0.1034%$374
Williamson County FM/RdCounty0.0443%$160
Upper Brushy Creek WCIDWater0.0170%$62
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,375

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $426,902 would pay approximately $2,665 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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