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508 LANDING LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed3 bath2,226 sqftBuilt 2021

Property at a Glance

This home is estimated between $475,805 and $656,260, with a best estimate of $500,497. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.

Estimated Value Range

$475,805 $656,260
Best Estimate
$500,497
WCAD Value
$664,419
High Confidence

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

Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $475,805 and $656,260. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

512 LANDING LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,205 sqft Built 2021
Raw Value $495,552
Adjusted Value $500,497

Adjusted +$4,945 for 21 sqft more living space. Net adjustment: +$4,945.

500 LANDING LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 2,488 sqft Built 2021
Raw Value $537,499
Adjusted Value $475,805

Adjusted -$61,694 for 262 sqft less living space. Net adjustment: -$61,694.

516 LANDING LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,436 sqft Built 2021
Raw Value $528,886
Adjusted Value $479,437

Adjusted -$49,449 for 210 sqft less living space. Net adjustment: -$49,449.

509 STERLING RIDGE DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,292 sqft Built 2021
Raw Value $671,801
Adjusted Value $656,260

Adjusted -$15,541 for 66 sqft less living space. Net adjustment: -$15,541.

505 STERLING RIDGE DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 1,890 sqft Built 2020
Raw Value $554,680
Adjusted Value $650,650

Adjusted +$79,119 for 336 sqft more living space and +$16,851 for being newer. Net adjustment: +$95,970.

The Neighborhood

This home is valued 18.6% above the L129414C - HAWKS LANDING R5 median of $560,051. With 402 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 37.9% over the past year.

L129414C - HAWKS LANDING R5

above average
402 Properties
$560,051 Median Value
+37.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$664,419
Median
$560,051

This home is +18.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $13,543 across all districts. With a homestead exemption claimed, that drops to $11,871 — saving $1,672 per year. That's $989 per month a buyer should budget. The assessed value increased +10.3% vs the subdivision average of +37.9%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$7,222
LeanderCity0.4173%$2,773
Williamson CountyCounty0.3694%$2,455
Austin Community Collegespecial0.1034%$687
Williamson County FM/RdCounty0.0443%$295
Upper Brushy Creek WCIDWater0.0170%$113
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$13,543
30 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $500,497 would pay approximately $3,124 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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