221 RURAL SPACE RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,039,188 and $1,494,597, with a best estimate of $1,064,889. That places the property above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.
Estimated Value Range
$1,064,889
$902,142
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 $1,039,188 and $1,494,597. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$94,915 for 242 sqft more living space and -$4,946 for being older and +$149,576 for having a garage. Net adjustment: +$239,545.
Adjusted +$175,319 for 447 sqft more living space and +$27,201 for being newer. Net adjustment: +$202,520.
Adjusted -$61,185 for 156 sqft less living space and +$16,074 for being newer. Net adjustment: -$45,111.
Adjusted -$218,070 for 556 sqft less living space and +$44,511 for being newer and +$149,576 for having a garage. Net adjustment: -$23,983.
Adjusted +$298,865 for 762 sqft more living space and +$13,601 for being newer and +$149,576 for having a garage. Net adjustment: +$462,042.
The Neighborhood
This home is valued 12.7% above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. With 583 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 16.3% over the past year.
I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN
typicalThis home is +12.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,538 across all districts. With a homestead exemption claimed, that drops to $11,659 — saving $1,879 per year. That's $972 per month a buyer should budget. The assessed value increased +10.8% vs the subdivision average of +16.3%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $9,711 |
| Williamson County | County | 0.3694% | $2,896 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $584 |
| Williamson County FM/Rd | County | 0.0443% | $347 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $13,538 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,064,889 would pay approximately $6,647 per month (principal and interest only, excluding taxes and insurance).