250 MIKES WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $8,263 and $318,014, with a best estimate of $106,635. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$106,635
$556,887
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $8,263 and $318,014. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$135,841 for 416 sqft less living space and +$65,258 for being newer. Net adjustment: -$70,583.
Adjusted -$179,460 for being older. Net adjustment: -$179,460.
Adjusted -$212,251 for 650 sqft less living space and +$217,528 for being newer. Net adjustment: +$5,277.
Adjusted -$228,252 for 699 sqft less living space and -$130,517 for being older. Net adjustment: -$358,769.
Adjusted +$83,594 for 256 sqft more living space and -$130,517 for being older. Net adjustment: -$46,923.
The Neighborhood
This home is valued 26.2% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
below averageThis home is -26.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,489 across all districts. With a homestead exemption claimed, that drops to $7,865 — saving $1,624 per year. That's $655 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% | $6,053 |
| Williamson County | County | 0.3694% | $2,057 |
| Austin Community College | special | 0.1034% | $576 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $556 |
| Williamson County FM/Rd | County | 0.0443% | $247 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7040% | $9,489 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $106,635 would pay approximately $666 per month (principal and interest only, excluding taxes and insurance).