1616 ILLAWARRA WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $778,948 and $820,085, with a best estimate of $803,127. That places the property above the L131521C - BLUFFVIEW median of $681,050, in a neighborhood that declined 6.5% over the past year.
Estimated Value Range
$803,127
$780,078
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131521C - BLUFFVIEW, this home's estimated market value is between $778,948 and $820,085. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$95,902 for 325 sqft less living space. Net adjustment: -$95,902.
Adjusted +$52,525 for 178 sqft more living space. Net adjustment: +$52,525.
Adjusted -$110,361 for 374 sqft less living space. Net adjustment: -$110,361.
Adjusted -$106,229 for 360 sqft less living space. Net adjustment: -$106,229.
Adjusted +$68,164 for 231 sqft more living space. Net adjustment: +$68,164.
The Neighborhood
This home is valued 14.5% above the L131521C - BLUFFVIEW median of $681,050. With 512 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.5% over the past year.
L131521C - BLUFFVIEW
typicalThis home is +14.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,768 across all districts. With a homestead exemption claimed, that drops to $14,070 — saving $1,698 per year. That's $1,173 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% | $8,479 |
| Leander | City | 0.4173% | $3,255 |
| Williamson County | County | 0.3694% | $2,882 |
| Austin Community College | special | 0.1034% | $807 |
| Williamson County FM/Rd | County | 0.0443% | $346 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $15,768 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $803,127 would pay approximately $5,013 per month (principal and interest only, excluding taxes and insurance).