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940 DODSON DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath2,346 sqftBuilt 2024

Property at a Glance

This home is estimated between $338,776 and $684,625, with a best estimate of $507,216. That places the property below the L494522C - EDGEWOOD median of $654,811, in a neighborhood that appreciated 195.7% over the past year.

Estimated Value Range

$338,776 $684,625
Best Estimate
$507,216
WCAD Value
$695,564
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L494522C - EDGEWOOD. The estimated range of $338,776 and $684,625 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,352 sqft Built 2016
Raw Value $464,454
Adjusted Value $338,776

Adjusted -$1,843 for 6 sqft less living space and -$123,835 for being older. Net adjustment: -$125,678.

4 bed 3 bath 1,748 sqft Built 2016
Raw Value $624,726
Adjusted Value $684,625

Adjusted +$183,734 for 598 sqft more living space and -$123,835 for being older. Net adjustment: +$59,899.

4 bed 2 bath 1,787 sqft Built 2025
Raw Value $384,741
Adjusted Value $571,972

Adjusted +$171,752 for 559 sqft more living space and +$15,479 for being newer. Net adjustment: +$187,231.

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $507,216

Adjusted +$125,664 for 409 sqft more living space and -$139,314 for being older. Net adjustment: -$13,650.

3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $450,107

Adjusted -$101,085 for 329 sqft less living space and -$77,397 for being older. Net adjustment: -$178,482.

The Neighborhood

This home is valued 6.2% above the L494522C - EDGEWOOD median of $654,811. With 198 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 195.7% over the past year.

L494522C - EDGEWOOD

typical
198 Properties
$654,811 Median Value
+195.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$695,564
Median
$654,811

This home is +6.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,178 across all districts. With a homestead exemption claimed, that drops to $12,499 — saving $1,679 per year. That's $1,042 per month a buyer should budget. The assessed value increased +188.2% vs the subdivision average of +195.7%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$7,560
LeanderCity0.4173%$2,902
Williamson CountyCounty0.3694%$2,570
Austin Community Collegespecial0.1034%$719
Williamson County FM/RdCounty0.0443%$308
Upper Brushy Creek WCIDWater0.0170%$118
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$14,178
50 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $507,216 would pay approximately $3,166 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 4/19/2026.

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