1005 CANVASBACK CREEK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $270,316 and $463,778, with a best estimate of $318,500. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$318,500
$348,139
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $270,316 and $463,778. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$65,503 for 310 sqft more living space and -$2,419 for being older. Net adjustment: +$63,084.
Adjusted -$104,805 for 496 sqft less living space and -$2,419 for being older. Net adjustment: -$107,224.
Adjusted -$8,241 for 39 sqft less living space and -$4,837 for being older. Net adjustment: -$13,078.
Adjusted -$80,928 for 383 sqft less living space and -$4,837 for being older. Net adjustment: -$85,765.
Adjusted -$34,442 for 163 sqft less living space and -$4,837 for being older. Net adjustment: -$39,279.
The Neighborhood
This home is valued 9.7% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,096 across all districts. With a homestead exemption claimed, that drops to $5,489 — saving $1,607 per year. That's $457 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% | $3,784 |
| Leander | City | 0.4173% | $1,453 |
| Williamson County | County | 0.3694% | $1,286 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,096 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,500 would pay approximately $1,988 per month (principal and interest only, excluding taxes and insurance).