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1408 MOLSON LAKE DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath922 sqftBuilt 2004

Property at a Glance

This home is estimated between $213,023 and $385,439, with a best estimate of $221,128. That places the property below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$213,023 $385,439
Best Estimate
$221,128
WCAD Value
$331,025
High Confidence

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

Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $213,023 and $385,439. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1404 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,415 sqft Built 2004
Raw Value $324,466
Adjusted Value $213,023

Adjusted -$111,443 for 493 sqft less living space. Net adjustment: -$111,443.

1504 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 2003
Raw Value $323,380
Adjusted Value $221,128

Adjusted -$103,531 for 458 sqft less living space and +$1,279 for being newer. Net adjustment: -$102,252.

1400 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 2004
Raw Value $324,299
Adjusted Value $220,768

Adjusted -$103,531 for 458 sqft less living space. Net adjustment: -$103,531.

1406 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 710 sqft Built 2004
Raw Value $337,516
Adjusted Value $385,439

Adjusted +$47,923 for 212 sqft more living space. Net adjustment: +$47,923.

1500 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 904 sqft Built 2003
Raw Value $325,189
Adjusted Value $330,537

Adjusted +$4,069 for 18 sqft more living space and +$1,279 for being newer. Net adjustment: +$5,348.

The Neighborhood

This home is valued 1.4% below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.

L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal

typical
1,816 Properties
$335,878 Median Value
-3.4% YoY Change
0% Have Pool
98% Have Garage
This Home
$331,025
Median
$335,878

This home is -1.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,170 across all districts. With a homestead exemption claimed, that drops to $5,587 — saving $1,583 per year. That's $466 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%$3,598
Block House MUDMUD0.5450%$1,804
Williamson CountyCounty0.3694%$1,223
Austin Community Collegespecial0.1034%$342
Williamson County FM/RdCounty0.0443%$147
Upper Brushy Creek WCIDWater0.0170%$56
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1661%$7,170

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $221,128 would pay approximately $1,380 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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