1509 E NEW HOPE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $805,648 and $1,009,824, with a best estimate of $914,969. That places the property above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$914,969
$667,544
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L010D82C - Leander Williamson Abstracts le 20 Acres, this home's estimated market value is between $805,648 and $1,009,824. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$366,052 for 1,121 sqft less living space and +$21,753 for being newer. Net adjustment: -$344,299.
Adjusted -$256,334 for 785 sqft less living space and +$43,506 for being newer. Net adjustment: -$212,828.
Adjusted -$48,001 for 147 sqft less living space and +$10,876 for being newer. Net adjustment: -$37,125.
Adjusted +$297,479 for 911 sqft more living space and +$108,764 for being newer. Net adjustment: +$406,243.
Adjusted +$116,575 for 357 sqft more living space and +$184,898 for being newer. Net adjustment: +$301,473.
The Neighborhood
This home is valued 11.6% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
typicalThis home is -11.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,225 across all districts. With a homestead exemption claimed, that drops to $11,556 — saving $1,669 per year. That's $963 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% | $7,256 |
| Williamson County | County | 0.3694% | $2,466 |
| Cedar Park | City | 0.3600% | $2,403 |
| Austin Community College | special | 0.1034% | $690 |
| Williamson County FM/Rd | County | 0.0443% | $296 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,225 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $914,969 would pay approximately $5,711 per month (principal and interest only, excluding taxes and insurance).