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1505 MOLSON LAKE DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,026 sqftBuilt 2004

Property at a Glance

This home is estimated between $236,532 and $408,948, with a best estimate of $244,637. That places the property below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$236,532 $408,948
Best Estimate
$244,637
WCAD Value
$353,177
High Confidence

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

Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $236,532 and $408,948. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1404 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,415 sqft Built 2004
Raw Value $324,466
Adjusted Value $236,532

Adjusted -$87,934 for 389 sqft less living space. Net adjustment: -$87,934.

1504 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 2003
Raw Value $323,380
Adjusted Value $244,637

Adjusted -$80,022 for 354 sqft less living space and +$1,279 for being newer. Net adjustment: -$78,743.

1400 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,380 sqft Built 2004
Raw Value $324,299
Adjusted Value $244,277

Adjusted -$80,022 for 354 sqft less living space. Net adjustment: -$80,022.

1406 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 710 sqft Built 2004
Raw Value $337,516
Adjusted Value $408,948

Adjusted +$71,432 for 316 sqft more living space. Net adjustment: +$71,432.

1500 MOLSON LAKE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 904 sqft Built 2003
Raw Value $325,189
Adjusted Value $354,046

Adjusted +$27,578 for 122 sqft more living space and +$1,279 for being newer. Net adjustment: +$28,857.

The Neighborhood

This home is valued 5.2% above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. With 1,816 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.

L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal

typical
1,816 Properties
$335,878 Median Value
-3.4% YoY Change
0% Have Pool
98% Have Garage
This Home
$353,177
Median
$335,878

This home is +5.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,650 across all districts. With a homestead exemption claimed, that drops to $6,063 — saving $1,587 per year. That's $505 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%$3,839
Block House MUDMUD0.5450%$1,925
Williamson CountyCounty0.3694%$1,305
Austin Community Collegespecial0.1034%$365
Williamson County FM/RdCounty0.0443%$157
Upper Brushy Creek WCIDWater0.0170%$60
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1661%$7,650

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $244,637 would pay approximately $1,527 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 4/18/2026.

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