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1500 PARKWOOD DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,390 sqftBuilt 1995

Property at a Glance

This home is estimated between $284,512 and $314,451, with a best estimate of $305,856. 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

$284,512 $314,451
Best Estimate
$305,856
WCAD Value
$290,925
Low Confidence

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 $284,512 and $314,451 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,326 sqft Built 2001
Raw Value $307,789
Adjusted Value $309,590

Adjusted +$14,099 for 64 sqft more living space and -$12,298 for being older. Net adjustment: +$1,801.

1809 DUBLIN DR, LEANDER, TX 78641
0.00 mi 100% similar
3 bed 2 bath 1,364 sqft Built 1994
Raw Value $298,078
Adjusted Value $305,856

Adjusted +$5,728 for 26 sqft more living space and +$2,050 for being newer. Net adjustment: +$7,778.

3 bed 2 bath 1,416 sqft Built 2003
Raw Value $306,638
Adjusted Value $284,512

Adjusted -$5,728 for 26 sqft less living space and -$16,398 for being older. Net adjustment: -$22,126.

3 bed 2 bath 1,541 sqft Built 2001
Raw Value $340,353
Adjusted Value $294,791

Adjusted -$33,264 for 151 sqft less living space and -$12,298 for being older. Net adjustment: -$45,562.

3 bed 2 bath 1,211 sqft Built 2000
Raw Value $285,268
Adjusted Value $314,451

Adjusted +$39,432 for 179 sqft more living space and -$10,249 for being older. Net adjustment: +$29,183.

The Neighborhood

This home is valued 5.5% 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

typical
691 Properties
$307,845 Median Value
-8.7% YoY Change
1% Have Pool
96% Have Garage
This Home
$290,925
Median
$307,845

This home is -5.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,930 across all districts. With a homestead exemption claimed, that drops to $4,334 — saving $1,596 per year. That's $361 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%$3,162
LeanderCity0.4173%$1,214
Williamson CountyCounty0.3694%$1,075
Austin Community Collegespecial0.1034%$301
Williamson County FM/RdCounty0.0443%$129
Upper Brushy Creek WCIDWater0.0170%$49
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,930

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $305,856 would pay approximately $1,909 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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