1518 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $224,414 and $350,685, with a best estimate of $233,011. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$233,011
$254,753
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $224,414 and $350,685 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$16,522 for 75 sqft more living space and -$12,298 for being older. Net adjustment: +$4,224.
Adjusted -$44,058 for 200 sqft less living space and -$8,199 for being older. Net adjustment: -$52,257.
Adjusted -$35,247 for 160 sqft less living space and -$14,348 for being older. Net adjustment: -$49,595.
Adjusted +$28,418 for 129 sqft more living space and -$2,050 for being older. Net adjustment: +$26,368.
Adjusted -$77,763 for 353 sqft less living space and +$4,099 for being newer. Net adjustment: -$73,664.
The Neighborhood
This home is valued 17.2% below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
below averageThis home is -17.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,193 across all districts. With a homestead exemption claimed, that drops to $3,603 — saving $1,590 per year. That's $300 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% | $2,769 |
| Leander | City | 0.4173% | $1,063 |
| Williamson County | County | 0.3694% | $941 |
| Austin Community College | special | 0.1034% | $263 |
| Williamson County FM/Rd | County | 0.0443% | $113 |
| Upper Brushy Creek WCID | Water | 0.0170% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,193 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $233,011 would pay approximately $1,454 per month (principal and interest only, excluding taxes and insurance).