504 MILLCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $250,476 and $300,869, with a best estimate of $271,745. 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
$271,745
$276,000
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 $250,476 and $300,869. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$2,402 for 11 sqft less living space and +$881 for being newer. Net adjustment: -$1,521.
Adjusted -$24,889 for 114 sqft less living space and +$881 for being newer. Net adjustment: -$24,008.
Adjusted -$18,339 for 84 sqft less living space. Net adjustment: -$18,339.
Adjusted -$11,353 for 52 sqft less living space and +$1,761 for being newer. Net adjustment: -$9,592.
Adjusted -$43,228 for 198 sqft less living space and +$1,761 for being newer. Net adjustment: -$41,467.
The Neighborhood
This home is valued 11.0% 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 -11.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,626 across all districts. With a homestead exemption claimed, that drops to $4,032 — saving $1,594 per year. That's $336 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% | $3,000 |
| Leander | City | 0.4173% | $1,152 |
| Williamson County | County | 0.3694% | $1,020 |
| Austin Community College | special | 0.1034% | $285 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,626 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $271,745 would pay approximately $1,696 per month (principal and interest only, excluding taxes and insurance).