1502 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $266,426 and $314,522, with a best estimate of $299,723. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$299,723
$333,186
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $266,426 and $314,522 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$14,760 for 67 sqft more living space and -$2,050 for being older. Net adjustment: +$12,710.
Adjusted +$3,304 for 15 sqft more living space and -$20,497 for being older. Net adjustment: -$17,193.
Adjusted -$24,232 for 110 sqft less living space and -$16,398 for being older. Net adjustment: -$40,630.
Adjusted +$23,131 for 105 sqft more living space and -$16,398 for being older. Net adjustment: +$6,733.
Adjusted -$20,267 for 92 sqft less living space and -$22,547 for being older. Net adjustment: -$42,814.
The Neighborhood
This home is valued 8.2% above the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. With 691 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
typicalThis home is +8.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,792 across all districts. With a homestead exemption claimed, that drops to $5,187 — saving $1,605 per year. That's $432 per month a buyer should budget. The assessed value increased +0.3% vs the subdivision average of -8.7%. This above-average increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,621 |
| Leander | City | 0.4173% | $1,390 |
| Williamson County | County | 0.3694% | $1,231 |
| Austin Community College | special | 0.1034% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,792 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $299,723 would pay approximately $1,871 per month (principal and interest only, excluding taxes and insurance).