2640 GREAT OWL PASS, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $817,632 and $948,335, with a best estimate of $840,346. That places the property below the L117415B - GREATWOOD median of $882,712, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$840,346
$801,371
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L117415B - GREATWOOD, this home's estimated market value is between $817,632 and $948,335. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$116,803 for 425 sqft less living space. Net adjustment: -$116,803.
Adjusted +$107,733 for 392 sqft more living space and +$1,459 for being newer. Net adjustment: +$109,192.
Adjusted -$147,034 for 535 sqft less living space and +$1,459 for being newer. Net adjustment: -$145,575.
Adjusted +$78,326 for 285 sqft more living space and +$8,755 for being newer. Net adjustment: +$87,081.
Adjusted -$55,516 for 202 sqft less living space and +$8,755 for being newer. Net adjustment: -$46,761.
The Neighborhood
This home is valued 9.2% below the L117415B - GREATWOOD median of $882,712. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
L117415B - GREATWOOD
typicalThis home is -9.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,335 across all districts. With a homestead exemption claimed, that drops to $14,632 — saving $1,703 per year. That's $1,219 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% | $8,710 |
| Leander | City | 0.4173% | $3,344 |
| Williamson County | County | 0.3694% | $2,961 |
| Austin Community College | special | 0.1034% | $829 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Upper Brushy Creek WCID | Water | 0.0170% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $16,335 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $840,346 would pay approximately $5,245 per month (principal and interest only, excluding taxes and insurance).