2306 SPANISH CEDAR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,154,174 and $1,396,074, with a best estimate of $1,240,266. That places the property above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009, in a neighborhood that appreciated 127.0% over the past year.
Estimated Value Range
$1,240,266
$1,295,698
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L425723A - HIDDEN CREEKS AT LAKEWOOD, this home's estimated market value is between $1,154,174 and $1,396,074. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$144,311 for 377 sqft less living space. Net adjustment: -$144,311.
Adjusted -$6,125 for 16 sqft less living space. Net adjustment: -$6,125.
Adjusted -$138,952 for 363 sqft less living space. Net adjustment: -$138,952.
Adjusted +$279,817 for 731 sqft more living space. Net adjustment: +$279,817.
Adjusted -$149,670 for 391 sqft less living space. Net adjustment: -$149,670.
The Neighborhood
This home is valued 16.4% above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009. With 119 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 127.0% over the past year.
L425723A - HIDDEN CREEKS AT LAKEWOOD
above averageThis home is +16.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,669 across all districts. With a homestead exemption claimed, that drops to $23,861 — saving $1,808 per year. That's $1,988 per month a buyer should budget. The assessed value increased +362.7% vs the subdivision average of +127.0%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $14,083 |
| Williamson County | County | 0.3694% | $4,787 |
| Cedar Park | City | 0.3600% | $4,665 |
| Austin Community College | special | 0.1034% | $1,340 |
| Williamson County FM/Rd | County | 0.0443% | $574 |
| Upper Brushy Creek WCID | Water | 0.0170% | $220 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $25,669 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,240,266 would pay approximately $7,742 per month (principal and interest only, excluding taxes and insurance).