2408 DEMORSE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $275,194 and $462,443, with a best estimate of $450,318. That places the property above the L127518C - DEERBROOKE R4 and HOMESTEAD median of $413,745, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$450,318
$481,995
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L127518C - DEERBROOKE R4 and HOMESTEAD, this home's estimated market value is between $275,194 and $462,443. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,176 for 253 sqft less living space. Net adjustment: -$61,176.
This comparable closely matches the subject property's features.
Adjusted -$138,310 for 572 sqft less living space. Net adjustment: -$138,310.
Adjusted -$53,922 for 223 sqft less living space. Net adjustment: -$53,922.
Adjusted -$98,897 for 409 sqft less living space. Net adjustment: -$98,897.
The Neighborhood
This home is valued 16.5% above the L127518C - DEERBROOKE R4 and HOMESTEAD median of $413,745. With 410 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.
L127518C - DEERBROOKE R4 and HOMESTEAD
above averageThis home is +16.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,743 across all districts. With a homestead exemption claimed, that drops to $8,111 — saving $1,632 per year. That's $676 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% | $5,239 |
| Leander | City | 0.4173% | $2,011 |
| Williamson County | County | 0.3694% | $1,781 |
| Austin Community College | special | 0.1034% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $9,743 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $450,318 would pay approximately $2,811 per month (principal and interest only, excluding taxes and insurance).