505 RED KNOT AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $264,127 and $514,124, with a best estimate of $480,163. That places the property above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$480,163
$416,425
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $264,127 and $514,124. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$68,030 for 223 sqft more living space. Net adjustment: +$68,030.
Adjusted +$67,114 for 220 sqft more living space. Net adjustment: +$67,114.
Adjusted +$61,623 for 202 sqft more living space. Net adjustment: +$61,623.
Adjusted -$66,809 for 219 sqft less living space. Net adjustment: -$66,809.
Adjusted -$9,152 for 30 sqft less living space and -$6,989 for being older. Net adjustment: -$16,141.
The Neighborhood
This home is valued 22.6% above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. With 449 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
L121521G - SUMMELYN PULTE & CENTEX R4'S
above averageThis home is +22.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,945 across all districts. With a homestead exemption claimed, that drops to $7,323 — saving $1,622 per year. That's $610 per month a buyer should budget. The assessed value increased -0.9% vs the subdivision average of -8.3%. This above-average increase gives a protest opportunity score of 37 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,526 |
| Liberty Hill | City | 0.4694% | $1,955 |
| Williamson County | County | 0.3694% | $1,538 |
| Austin Community College | special | 0.1034% | $431 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $310 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Summerlyn West PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T17) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1480% | $8,945 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,163 would pay approximately $2,997 per month (principal and interest only, excluding taxes and insurance).